spending
Post-Christmas shopping to strengthen as bargain-hunters ’emerge’, analyst says
Refreshed figures from MRI Software showed a 4.9% drop in Boxing Day footfall across all UK retail destinations.
Drop in Boxing Day footfall ‘signals return to declining pre-pandemic levels’
Boxing Day shopper footfall was down 7.6% across UK retail destinations by 8pm, in comparison to last year, MRI Software found.
Drop in Boxing Day shopper footfall ‘could be influenced by cost-of-living crisis’
Analysts predicted Boxing Day shoppers would spend £236 each on average in the Boxing Day sales this year, with most purchases made online.
Shoppers predicted to spend average of £236 each in Boxing Day sales
Barclays Consumer Spend researchers forecast a total of £4.6 billion will be spent and the vast majority of sales will be online.
Ticket sales spike on Oasis release while second-hand spending climbs – Monzo
The digital bank’s yearly spending data sheds a light on the shopping habits of its more than 11 million customers in Britain.
Savings target different to Osborne’s austerity-era cuts, says Reeves
The Chancellor said there would be a ‘real-terms increase’ in Government spending despite departments being told to meet the target.
Cost of ministerial folders revealed as Chancellor launches spending crackdown
Rachel Reeves wants departments to find 5% savings in their budgets, with spending prioritised on key areas.
Christmas ‘unlikely to be bumper one for all’ as consumers focus on budgeting
Analysts say a late Black Friday this year has distorted sales figures, but consumers’ are exercising ‘underlying caution’ on their spending.
Spending plans mean £9 billion of cuts after next year, economists warn
Economists have suggested Labour’s longer-term spending plans are ‘extremely challenging’ and do not rule out a return to austerity.
At a glance: the key points from the Budget
Rachel Reeves set out £40 billion of tax rises along with major spending commitments as she sought to set the tone for Labour’s term in office.