February 2019


Are Britons More Likely to Divorce Than Change Bank Accounts?

Ed Balls MP

Shadow Chancellor Ed Balls claimed at the weekend that Britons nowadays are “more likely to be divorced than to change your bank account.” He was making a point about the need for banking reforms and the need for customers to shop around.

Chancellor Ed Balls

But that got us thinking – is this claim true? Are British people more likely to get a divorce than they are to change their bank accounts?

Ed Balls claim was based on the prior claim that people change their bank accounts on average “every 26 years,” which makes divorce more likely – the the … Read the rest