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Nine in 10 people 'have spare cash'

By Wesleyan

A new survey has revealed the easing pressure on household finances.

The study by website Voucher Codes found that 87 per cent of people have some spare cash left over each month, with many having well over £200 to spend on luxuries or to save.

The average disposable income at the end of the month was £242.32, though what people chose to spend it on differed from region to region.

Almost half of the people (45 per cent) surveyed chose to save their spare cash for a holiday, while some 44 per cent spent it on eating out.

People living in London spent the most on eating out each month - about £97 on average.

At the other end of the country, in Newcastle, people spent the most on clothes, at about £53 per month.

Those living in the capital had the most leftover cash typically, at nearly £278 a month.

Copyright Press Association 2015

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