New UK laws to ease subscription cancellations saving £170 annually

The UK government has announced new laws aimed at simplifying subscription cancellations. According to the Department for Business and Trade (DBT), these changes could save consumers nearly £170 per year. Key provisions include a 14-day cooling-off period post-trial, refunds for unwanted auto-renewals, and enhanced transparency in subscription terms. The DBT estimates 10 million unwanted active subscriptions exist, potentially leading to total public savings of £400 million annually. These rules are set to take effect in spring 2027.