Britons 'keeping a close eye on bank accounts'

People in London banking jobs could find they are dealing with more finance-savvy customers as a result of the recession.

According to a study by National Savings and Investments (NS&I), nearly two-thirds of Britons have been more actively looking after their bank accounts since the onset of the credit crunch.

Indeed, almost half of this group said they know exactly how much money is contained in their various accounts.

The study found that this trend was highly apparent among older people, with 60 per cent of over-65s knowing the exact status of both their current and savings accounts.

Dax Harkins, senior savings strategist at NS&I, commented: "It's really important to keep track of your money and to make sure that it is invested in a savings account which suits your individual needs."

He added that consumers only need to set aside a few minutes each week to review their money situation and get the most from their financial providers.

This comes after a poll by uSwitch found that more than one in ten people believe the recession will be over by the end of 2009.

Updated: 25 September 2009.
Categories: banking-and-financial-services, jobs, market-and-industry-news.