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consumer spending

  • Wattbike: Brand used by Manchester United and British Army expects ‘further losses’ as sales plummet

    July 1, 2024

    Static bike brand Wattbike said it anticipates making "further losses" as a slump in turnover resulted in a "disappointing" year for the company.

  • Decathlon struggles to shift sports gear as ‘cautious’ Brits curb spending

    June 27, 2024

    The UK arm of sports gear retailer Decathlon has sunk further into the red, with the firm blaming the ongoing cost of living crisis for a fall in sales.

  • Kenwood sales soar as shoppers flock to buy toasters and kitchen mixers online

    June 26, 2024

    British kitchen appliances manufacturer Kenwood has seen a huge jump in sales with the company crediting the ever-growing number of customers buying its products online.

  • Consumer confidence rises again in June as economic outlook improves

    June 21, 2024

    Consumer confidence picked up again in June, a new survey shows, in a sign that the improving economic outlook is slowly feeding through into household budgets.

  • Euro 2024 effect: Brits more than double their spending on ‘all things football’

    June 20, 2024

    With Euro 2024 now in full swing Brits have more than doubled the amount they're shelling out on football-related purchases with match tickets, merchandise and pre-game pints all driving up consumer spending.

  • Warburtons: Record sales as shoppers rush to grab bakery’s fruity buns

    June 14, 2024

    Bakery giant Warburtons more than doubled its profit after it poured investment into diversifying its product range beyond its iconic loafs.

  • Timothy Taylor’s: ‘Challenged British economy’ puts dent in brewer’s profit

    June 13, 2024

    Brewery Timothy Taylor said its profit is "significantly down" despite its sales increasing as the business battles with "soaring utility costs" and rising wages.

  • Caffyns: Car dealer hit by plummeting value of second-hand vehicles

    June 7, 2024

    Car dealers Caffyns has seen its pre-tax profit slashed after the value of second-hand vehicles fell significantly.

  • Retail sales plunge in ‘dull and wet’ April in fresh sign of fading optimism

    May 24, 2024

    According to the Office for National Statistics (ONS), retail sales fell 2.3 per cent in April, a much worse fall than predicted by economists.

  • UK a ‘nation of savers’ following surge in inflation, research shows

    May 17, 2024

    Since March 2021, prices have increased by 22 per cent in the UK with a peak annual inflation rate of 11.1 per cent in October 2022.

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