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consumer spending

  • Scotland set for weaker growth despite avoiding recession – but there is room for optimism

    May 2, 2024

    Scotland's economy is set for weaker growth despite avoiding entering a technical recession, according to KPMG.

  • ‘Green shoots of recovery’ emerge as FTSE profit warnings fall on last year

    April 29, 2024

    "Whilst the green shoots of recovery can be seen, companies cannot afford to ignore the warning signs and rely on economic resurgence," Jo Robinson, EY-Parthenon Partner and UK&I turnaround and restructuring strategy leader said.

  • Consumer confidence hits highest level in two years as UK ‘turns a corner’

    April 19, 2024

    "The revival in consumer confidence speaks to a wider story of an economy that has turned the corner," Ian Stewart said.

  • ‘We have a vision’: American Golf hails improvement despite challenging year

    April 17, 2024

    American Golf has hailed its improved financial performance despite facing "global and national factors" which negatively impacted how much customers wanted to spend and their confidence.

  • Cocoa prices set another new high leaving bitter taste for chocoholics

    March 26, 2024

    The cost of Easter eggs could increase again as bad harvests continue to dent global cocoa supplies, sending prices to a new all-time high.

  • Vinyl records and air fryers enter ‘inflation basket’ – but Guinness is on the way out

    March 11, 2024

    "The only problem is when you're grooving too hard to the excellent sound quality that your jiving makes the records go wonky," the person continued sheepishly.

  • UK consumer confidence falls in February as technical recession is a bummer for Brits

    February 23, 2024

    UK consumer confidence fell two points in February as reports of a technical recession dampened hopes. 

  • Brits stop buying airfryers as sales drop at Salter owner Ultimate Products

    February 13, 2024

    Consumer goods group Ultimate Products has said Brits are buying fewer airfryers than before, leading revenues to drop four per cent.

  • Consumers keep borrowing to spend despite higher interest rates data shows

    January 4, 2024

    The data suggests that, so far, households are weathering the pressure from higher interest rates.

  • Card spending jumps in 2023 as Brits splash out on travel and booze

    December 29, 2023

    Debit and credit card spending jumped this year despite inflation and higher household bills, as Brits forked out on holidays and booze.

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