Brits waste on average £156 a year due to neglecting their phone contracts, research finds

Despite the cost of living crisis concerning most UK adults, many are missing out on saving £156 a year by switching their mobile network provider.

According to new research by iD Mobile, a third of Brits could be wasting money by not doing anything when their mobile contract ends.

Despite it being a legal requirement for network providers to inform their customers when their contract is up, a fifth of Brits have no idea when it ends. And even if they do, 28% plan to keep everything as it is without assessing their options.