Is there a penalty for being single?

Business Daily

Why does being on your own seem so expensive?

The number of unmarried, divorced, widowed or unattached people is growing worldwide. But figures suggest it is more financial costly to be single, while couples and families benefit from paying less per person.

Whether it is the packaging supermarkets use, streaming service tariffs, hotel rooms - you often get a much better deal being coupled-up than not. Governments are in on the act too: offering tax breaks to couples.

In this programme, we take apart the personal finances of singles; hearing from World Service listeners and financial analysts.

Is it just economies of scale or are we really living in a world that penalises people on their own? And are there any financial advantages to being solo?

(Picture: Senior woman looking concerned, paying bills at home on her laptop. Credit: Getty Images)

Presented and produced by David Reid