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Financial hardship caused by the credit crunch means couples are less likely to break up, according to new research from cahoot.

The research found that as money is getting tighter, fewer couples are willing to split up with their partner because of the increased bills, rent and living costs associated with being single.

Over 12 million people have confessed that they are hesitant to walk away from their partner as a result of the economic situation, cahoot has found.

Matthew Timms, managing director of cahoot, said there are "clearly economic benefits" to being in a couple, including shared utility bills, cheaper rent and "even reduced car insurance premiums".

"The cost of being single can extend to thousands each year," he suggested.

Mr Timms added that with a little careful financial planning "you need not be tied to your partner purely for financial reasons".

The credit crunch is also leading to more couples marrying in a church on a Friday to save on the cost of weddings, according to figures from the Office for National Statistics.

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