All Economics articles – Page 4
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News
Disposable income falls at steepest rate since 2013
British families suffered steepest drop in disposable income for almost four years last month
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News
Consumer spending slowed in May
Consumer spending growth slowed to 2.8% in May – despite Brits continuing to spend on the ‘experience economy’ – as overall confidence in household spending power cooled in response to inflation.
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Analysis & Insight
Consumers continue to spend on “experience economy”
Consumers spent 5.5% more year-on-year in April as a late Easter and inflation drove noticeable uplifts
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Analysis & Insight
Hospitality sector spending up in April
Rising inflation and wage stagnation caused a slowdown in UK household spending growth to 0.5% year-on-year in April
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News
Entertainment spend up 10.8% in February
Consumers spent 4% more year-on-year in February with entertainment spend up 10.8%.
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News
Restaurants help boost strong UK GDP for 2016
UK GDP increased by an estimated 0.6% in Q4 2016, driven by a strong performance in the service sector, with hotels and restaurants singled out for performing particularly well, according to the latest data released by the ONS.
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News
Fundamental’ Brexit effect on food and drink prices expected
Brexit will have a fundamental impact on food and drink prices, with foodservice inflation expected to rise by 3.4% in 2017 alone, David Read, chief executive of Prestige Purchasing has warned.
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News
CBI expects faster growth in next quarter
The latest figures from the CBI have shown “a modest increase” in business volumes in the consumer services sector but with expectations of faster growth in the next three months.
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News
Food prices suffer biggest fall
Food prices in Britain saw their biggest ever fall in September while overall shop prices fell at a slower rate compared to the previous month
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News
Brexit uncertainty hits UK business
Uncertainty around Brexit has dragged UK business output and optimism to three-year lows, according to new research from BDO
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Analysis & Insight
Consumer spending growth at weakest level
Consumer spending grew at the weakest rate seen in over two years in the run-up to the EU referendum
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Opinion
10 things to consider in light of Brexit
Dan Tench and Alicia Videon of international law firm Olswang set out ten things companies should be considering in light of the UK’s vote to leave the European Union
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News
Consumer spending continues to be weak
Consumer spending suffered a second successive weak month of growth in April, rising just 1.9% year-on-year as economic headwinds
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News
Growth in Zones Two & Three is set to outstrip Zone One
Economic growth in zones two and three in London is set to overtake that in central London over the next 20 years as London’s economy rebalances,
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Analysis & Insight
World Cup boosts consumer spending
Consumer spending growth regained some of the ground it lost over the summer in September, growing 3.7% year-on-year, helped by the start of the Rugby World Cup.
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Analysis & Insight
Household spending slows in September
Visa’s consumer spending index – which looks at total spending, not just that on credit cards – showed spending post a lift of 1.8% in September compared with the same month last year.
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NewsHousehold expenditure further increases in August
UK households reported a further increase in expenditure in August
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News
Consumer spending on hospitality continues to rise
Consumer spending grew 14.8% in restaurants and 12.1% in pubs year-on-year, according to Barclaycard’s latest report
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News
Consumer confidence at 15-year high
Consumer confidence in the UK is at its highest point for 15 years this month despite weak household spending earlier in the year
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News
Hospitality earnings rise
Earnings in the hospitality sector have risen by 3.9% between February and April, outperforming much of the rest of the employment section