Millennials now 'most valuable' group to UK financial institutions
Due to larger wallet size
UK millennials are the 'most valuable' demographic group to financial institutions, with the average millennial wallet size now 40% greater than the wider UK adult demographic, research by Telstra has found.
The technology company found UK millennials' average wallet size - which Telstra defined as the sum of savings, deposits and loan holdings - has now overtaken all other demographic segments by the largest...
More on Markets
Brexit Blog: Three MPs leave Tories to join Independent Group
Latest news and analysis
Could UK consumers hit the shops once more?
Sainsbury's share price plummets 14% as CMA threatens to block merger
Lloyds share rise on results
'Mid-cycle slowdown': UK economy weakens
Down from 0.6% in Q3 2018
More news
Consistent 50 sees eight new entrants
Yu Zhang's Matthews Asia Funds China Dividend retains top spot
Brexit Blog: Three MPs leave Tories to join Independent Group
Latest news and analysis
Could UK consumers hit the shops once more?
We are all tired of talking about backstops and customs unions and voting blocs, but Brexit chat still manages to get centre stage to the exclusion of all else.
Cazenove's Mui: Brexit stage left
How to create order amid a seemingly disorderly exit
Former Cazenove Capital CIO Jeffrey joins Kingswood
Part of investment committee restructure