30 Years Ago: Study reveals low spend on insurance
Most London families suffer from poverty because husbands spend four times as much on drinking and smoking as they do on insuring their lives, according to a report based on a six-month study by Liberty Life Assurance.
The average London householder spends £6.88 a week on alcohol and tobacco, £2.83 on pets and £3.60 on cover for the family saloon. Yet he manages only £1.95 on arranging cash for his wife and children
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