Current Account Switch Service Hits 10 Years and 9.6 Million Switches
The Current Account Switch Service (CASS) has just celebrated its 10th birthday, marking a decade of hassle-free bank switching. Since launching on September 16, 2013, CASS has helped over 9.6 million customers seamlessly switch current accounts across the UK.
This free service caters to individuals, small businesses, and charities, making switching simple and stress-free. It even offers a guarantee to fix any problems during the switch, giving users peace of mind.
Recent stats show a surge in switchers, with November 8, 2022, breaking records at 13,566 switches in one day. Higher interest rates and attractive offers like up to £200 cash incentives and cashback rewards have driven the rush.
Pubs Closing at Alarming Rate – 50% Spike in Latest Quarter
British pubs are vanishing fast. New data from Altus Group shows 230 pubs across England and Wales shut or converted in the three months to June – a 50% jump from the previous quarter.
That means locals are losing more than two pubs every single day in 2023 so far. The total count of pubs now stands at just 39,404, highlighting a worrying decline for communities and pub lovers alike.
Record Number of Homes on Market Slashed in Price
House hunters, take note: over a third of homes listed on Rightmove have had price cuts – the highest rate in over ten years.
Sellers appear to have been over-ambitious with initial prices, now chopping an average 6.2% off. With the average asking price at £366,281, that’s a hefty average discount of £22,709.
This shift signals a more buyer-friendly market, with vendors ready to negotiate to close deals amid changing market conditions.
