Consumer Spending

Retail footfall drops in February

Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen…

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Consumer spending on ‘non-essentials’ increases

According to Barclaycard February 2018 saw increased sales of non-essentials, as consumers continued to prioritise their spending on the ‘experience…

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Consumer spending grows 3.9% in January

Consumer spending increased 3.9% in January, partially driven by price increases that continued to drive uplifts in ‘essential’ spending. That…

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UK consumer spending set to be lowest since 2012

Consumer spending over the Christmas period is expected to be at its lowest since 2012, according to Visa’s UK Consumer…

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Black Friday e-sales expected to surpass Boxing Day by 77%

Black Friday week total online sales are expected to reach £7bn this year, a 164% increase on 2014 and 77%…

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Spending growth slows to 2.4% as consumers feel ‘inflation squeeze’

Consumer spending growth slowed to 2.4% year-on-year in October which, with inflation at 3%, equated to a contraction in real…

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Retail sales increase by 0.3%, says ONS

Retail sales increased by 0.3% in July 2017 compared with the previous month, according to the Office of National Statistics…

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Summer sunshine boosts retail sales

Retail sales growth picked up in the year to July, exceeding expectations for minimal growth, according to the latest monthly…

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Businesses unable to cope with interest increases, research shows

One in 25 businesses would be unable to pay off its debts if the interest rates were to increase, research…

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Non-food retail sales record first quarterly decline in six years

Non-food retail sales fell in the three months to February 2017, making it the first quarterly decline for the category…

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