Prudential: British workers could save 6.8 billion on lunch

New research from Prudential has revealed that British workers spend 26.8 billion per year on snacks and lunch.

11:37 09 November 2004

New research from Prudential has revealed that British workers spend 26.8 billion per year on snacks and lunch.

Findings from the study show that only 29 per cent of workers take their own lunch to work with them every day, but if they all did so they could save around 6.8 billion a year.

If the money saved on sandwiches was put into personal pension plans, Prudential claims it would add up to 23,000 over 25 years.

"We aren't suggesting that making sandwiches is the answer to the pensions gap. However the research does illustrate there are many simple steps that we can take to improve our personal finances," said Angus Maciver, director of customer insight, Prudential UK.

The average worker spends around 5.10 each day on lunch and snacks and whilst the average cost of a cheese and pickle sandwich is 1.80, the average cost to make it at home would be around 0.25, according to Prudential.

The most popular areas to buy lunch were the supermarket and the staff canteen (20 per cent), followed by cafes and sandwich bars (13 per cent).