Third of Britons have nothing left from monthly pay

The call came as research from the provider estimated that 16 million are left with nothing from their pay cheque and many are slipping into debt. Its Financial Safety Net report found that on average Brits spend £1,315 a month with 33% of those surveyed spending more than their salary or just about managing to break even. Almost a quarter (23%) just about match their outgoings to their net monthly salary but worryingly, the report said, 10% (approximately 4.9 million) said that they regularly spend more than their salary. The provider noted that spending £30 on protection insuranc...