Business

One in 10 'unsure about bank account funds'

Piggy bank
Image caption The poll considered how aware people are of their funds

One in 10 people are not very aware how much money is in their main bank account, a survey has suggested.

A greater proportion of those who were not sure were women, the poll of 1,265 people for Co-operative Bank found.

One in three said they were "extremely certain" how much was in their current account.

A proposal for compulsory financial education in schools was dropped ahead of the general election.

Poll

The survey found that 6.8% of those asked were "not very certain" how much money was in their most regularly used bank account.

Another 2.2% were "not very certain at all", and another 1.4% had no idea how much was in their account.

Those aged over 55 had the biggest proportion of respondents (40%) who were "extremely certain" how much was in their account.

A quarter of all those asked said they knew to within £10 how much was in their account.

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