I’ve not lost any. Actually, some customers are experiencing a boom.
I do quite a few holiday cottages, and they are booked out to capacity. This is because nobody can fly abroad, therefore any holiday has to be UK. People are fleeing the cities, but don’t want to stay in hotels, so staying in a cottage is a no-brainier.
Add to that people who only need the internet to keep working, and kids being off school, it’s no wonder people are booking up holiday cottages in the countryside.
On the domestic side, the interest rate cut is definitely having an effect. Customers have around £40-£100 a month more than they did before.
For those that need to cut, I think people will start with the big stuff,(put off buying a new car etc). I think most people think that saving £15 a month (or £15 every other month) will make so little difference it’s not worth it.