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consumer spending

  • UK economy to stage ‘welcome recovery’ thanks to consumer rebound

    January 6, 2025

    The firm forecast that GDP will increase by 1.7 per cent over 2025, double the 0.8 per cent expansion anticipated for 2024.

  • UK adults spent more on Black Friday than they invested the entire year. Something’s gone wrong!

    December 6, 2024

    When the average UK adult spends more on Black Friday than they invest in an entire year, it’s clear we’re losing the battle for consumer attention.

  • Footfall at UK retailers improves for first time in over a year

    October 4, 2024

    This was the first time that footfall has shown an improvement since July 2023.

  • The big unknown which will determine the short-term future of the economy

    October 1, 2024

    Consumption has taken a much bigger hit in the UK since the pandemic than in either the eurozone or the US.

  • UK retail sales ticked up in August in a summertime boost

    September 3, 2024

    UK retail sales ticked up in August, according to fresh data, after consumer confidence was boosted by good weather.

  • Consumer confidence unchanged in August despite worsening outlook

    August 23, 2024

    Consumer confidence remained unchanged in August, a closely watched survey suggested, despite a deterioration in households’ expectations for the broader economy. GfK’s overall consumer confidence index remained at -13 with an improving picture on the personal finance side helping to offset worsening confidence in the economy as a whole. This meant overall consumer confidence remained [...]

  • Dreary summer pushes consumer spending to three-year low

    July 9, 2024

    The Barclays report found it was also not enough to keep footie fans away from the pubs, bars and clubs, which saw "modest" year-on-year growth in June, up 0.5 per cent.

  • Jessops: Camera seller owned by Dragons’ Den star Peter Jones suffers another year of lacklustre sales

    July 2, 2024

    Jessops, the camera retailer owned by Dragon's Den star Peter Jones, failed to claw its way out of the red as its sales continued to slump, despite a drive to target younger customers.

  • Gü sold fewer puddings after supermarkets bring in new rules on high sugar items

    July 2, 2024

    Gü sold fewer puddings after raising its prices as UK supermarkets brought in new rules about where high fat and sugar products could be placed in stores.

  • Sweet success for Haribo as UK sales hit record high thanks to new products

    July 2, 2024

    The UK arm of gummy confectionery giant Haribo, which also makes Maoam chews, has achieved record sales for the second year in a row as a string of new seasonal product launches continued to tempt consumers.

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