Have climate change fears impacted consumer spending?
With climate change a global concern, do consumers want an ethical purchasing experience from retailers, or just a good deal?
With climate change a global concern, do consumers want an ethical purchasing experience from retailers, or just a good deal?
By Jan Cavelle
Slow consumer demand on the high street is combining badly with spikes in inflation to create a tricky situation for business owners, who are spending less time planning for Brexit as a result. Whether or not this is “head in the sand behaviour is up for debate.
Andrew Sentance’s prediction came true. The PwC economic adviser maintained last month that interest rates were to rise a matter recently confirmed by Bank of England governor Mark Carney. We take a closer look in our October 2017 economic statistics piece.
Over the course of their working lives, Brits spend so much money on lunch that they may want to start making time for packing cheese and cucumber sarnies before leaving the house each day.
Small Business Saturday sales for 2016 amounted to a spend of ?717m a growth of 15 per cent year-on-year.
Consumer spending in the UK reached a six-month high In October, according to Visa, and it was the hospitality and leisure industry that led the way for the period in terms of strongest growth.
Spending among British shoppers has risen and the amount spent on hotels, restaurants and bars was the greatest at an increase of 8.6 per cent, according to Visa Europe’s UK expenditure index.