Consumer spending

How will drop in inflation affect plans to raise UK interest rates?
Bank of England must proceed with caution as households are still cutting back and business confidence is weak
Richard Partington Economics correspondent
18, Jan, 2023 @11:01 AM

M&S enjoys a bumper Christmas with best ever food sales
Retailer boasts biggest share of clothing and homeware market in seven years, as Tesco hails festive boom
Sarah Butler
12, Jan, 2023 @8:32 AM

UK household income likely to fall by £2,000 a year, says thinktank
Resolution Foundation says UK only halfway through two-year cost of living crisis, with only very richest likely to see income rise in 2023-24
Phillip Inman
09, Jan, 2023 @12:01 AM

UK credit card borrowing soars to highest monthly level since 2004
Concerns mount over cost of living crisis as November figures show additional £1.2bn borrowing on cards
Phillip Inman
04, Jan, 2023 @2:13 PM

Footfall slumped 27% on British high streets after Christmas, data shows
Number of shoppers out between Christmas and new year only 7.2% higher than in 2021, amid Omicron fear
Joe Middleton and agencies
02, Jan, 2023 @4:11 PM

Almost 50 UK shops closed for good every day in 2022, says report
Centre for Retail Research says 17,145 stores shut in total, up almost 50% on 2021, during pandemic
Julia Kollewe
02, Jan, 2023 @6:00 AM

UK retail spending falls in 2022 amid cost of living crisis
Barclaycard data shows number of transactions was up but high inflation led to smaller basket sizes
Larry Elliott Economics editor
30, Dec, 2022 @12:49 PM

Two-thirds of UK consumers plan to cut non-essentials in 2023
Cost of living crisis forcing families to cut back on eating out, holidays and other discretionary items, survey finds
Richard Partington
29, Dec, 2022 @6:01 AM

Extra bank holiday proves even more popular with shoppers than Boxing Day
About 40% greater footfall recorded at retailers on Tuesday than on traditional day for festive sales
Joanna Partridge
28, Dec, 2022 @3:54 PM

‘It’s just not tenable’: cost of living crisis hits sustainability sector
With shoppers prioritising cheaper gifts over sustainable ones, independent businesses are struggling to stay afloat
Sophie Zeldin-O'Neill
20, Dec, 2022 @6:00 AM

How inflation stole Christmas in UK: in five charts
As millions say they are cutting back, we look at key areas fuelling a Christmas cost of living crisis
Michael Goodier, Pamela Duncan and Carmen Aguilar García
14, Dec, 2022 @6:00 AM

UK food price inflation hits new high of 12.4%
Rise in cost of essentials will hit poorer households, already struggling with higher energy bills, hardest
Sarah Butler
30, Nov, 2022 @12:01 AM
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