Wednesday, May 18, 2022

Tag: spend

Spending in pubs up by a third…until Arwen stormed in

Spending in pubs up by third until Storm Arwen
Despite some concerns over inflation and the eventual consequences of the latest covid variant, Barclaycard has reported that consumer spending in pubs, bars and clubs was up by a third in November, signally a strong return to normality ahead of an important period for single site operators.

PwC pre-Christmas survey results show it’s a case of swings and roundabouts for businesses on the high street

PwC Christmas Survey results swings and roundabouts for businesses on high street
With one in four consumers intending to spend more this festive season, PwC is predicting a total spend of £21 billion - a 12 percent year-on-year increase - but there are significant challenges facing high street retailers.

British Retail Consortium: Retail sales getting back on track ahead of Christmas

High street spending British Retail Consortium
Confident consumers are back on the high street spending ahead of Christmas although fears mount of inflationary price rises.

Spend at pubs and bars up by over 30 percent in July compared to 2019

Pubs and bars spend up 30 percent in July
Entertainment saw growth for the first time since the pandemic began, with pubs, bars and clubs experiencing a strong month, as a quarter of Brits admit to dipping into savings to make the most of post-lockdown life.

More money in the bank spells increased demand for leisure and tourism

Leisure Tourism spend
UK saving account balances are at an all time high with more set to be spent on leisure and tourism than in pre-pandemic years, according to notes from a recent Bacta meeting with an investment bank.