No cash-in for World Cup fans
Published 18/06/2014 | 13:37
The number of people using cash machines plunged by a quarter on Saturday night as football fans remained fixated on England's World Cup opener, a major bank has reported.
Halifax said analysis of its customers' behaviour showed that internet banking also saw a dip during the game and 80% of the fall in logons was due to fewer men going online.
Compared with a typical Saturday night and Sunday morning, ATM transactions were down by 25% both by volume and value as England took on Italy, according to Halifax's data.
During the first half of the match, the number of internet banking logons was 16% lower than usual, but as England's chances faded in the second half, logons recovered slightly to 9% down.
Anita Hockin, head of digital for Halifax, said: "It is perhaps a reflection of just how engaged people are with their finances though that, even given the time of the match, internet banking logons increased by 25% in the hour immediately following the game compared to the same time on a usual Sunday morning."
She added that Thursday's crunch match against Uruguay would hopefully see England fans " cashing in on celebrations rather than spending away their sorrows".
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