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Smokers could save £1,000 a year

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People who smoke ten cigarettes a day could save £1,000 a year by kicking the habit, according to one loan provider.

Speaking ahead of National No Smoking Day later this week, Gary Lumby from Yorkshire Bank said smokers could feel the financial benefits of stubbing out once and for all.

The loan company's head of retail, explained: "It's all too easy for long term smokers to forget just how expensive their habit actually is, but those smoking just ten cigarettes a day could easily save almost £1,000 during the course of a year.

"By putting the money they'd normally spend on cigarettes in an ISA or high interest savings account, smokers will soon see those savings adding up, particularly if there is more than one smoker in the household."

Research from Yorkshire Bank suggests that 1.1 billion Britons have given up smoking since March 2007 and have saved a collective £1 billion over the past 12 months.

The company also revealed that people in the north-east of England smoke more than in any other region of the UK.

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