Category : Search result: consumer economy


Aussie Household Spending Bounces Back Strongly

New data reveals a dramatic resurgence in Australian consumer confidence, with spending on overseas holidays, dining out, and entertainment leading a robust recovery in household budgets.

UK Inflation Soars, Energy Price Cap Rocketing

Exclusive: New economic forecasts predict a severe cost-of-living squeeze for UK households, with inflation surging and energy prices set to skyrocket. The government faces mounting pressure to act as a winter crisis looms.

UK's Ticking Time Bomb: The Surge in Precarious Temp Work

Exclusive analysis reveals a hidden crisis in the UK labour market. A record shift towards temporary employment is creating a precarious workforce, threatening economic stability and worker rights. Discover the data behind the rise of the 'temp nation'.

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

UK Inflation Hits 2% Target, First Time Since 2021

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. This sharp fall from April's 2.3% fuels intense speculation about an imminent interest rate cut, offering relief to millions of households.

UK Inflation Plummets to 2.3%, Easing Cost of Living

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. Discover how falling energy prices are putting money back in your pocket and what it means for interest rates.

UK Inflation Surges on Higher Food and Energy Prices

New data reveals a sharp rise in UK inflation, driven by escalating food and energy costs. The ongoing conflict in Ukraine continues to disrupt global supply chains, pushing prices higher and intensifying the cost of living crisis for British families.

UK Food Prices See Sharpest Annual Fall on Record

In a dramatic shift for household budgets, UK shop food prices have fallen by 2.4% in the year to June, marking the most significant drop since the Office for National Statistics began tracking the data in 2005.

UK consumer confidence hits record low

New data reveals UK consumer confidence has plummeted to its lowest level in decades, with households cutting back on spending as inflation and economic instability bite.

Trump tariffs trigger UK inflation surge

New US tariffs imposed by former President Donald Trump have triggered a sharp rise in UK inflation, pushing consumer prices to their highest level in months. Experts warn of prolonged economic strain.

Trump's banking alliance may boost your finances

Former President Donald Trump's unexpected collaboration with a top banking executive may signal positive changes for consumers and the financial market. Discover what this means for your money.

Trump tariffs cost Americans $500 more yearly

New analysis reveals that Trump’s tariffs are costing American households hundreds more each year, with no clear economic benefits. Experts warn of long-term damage.

UK consumer confidence at two-year high

Britons' financial outlook improves as inflation eases and wage growth stabilises, according to the latest Office for National Statistics data.

Summer heat and events lift UK retail sales

Warm weather and a packed events calendar have driven a significant rise in UK retail sales, with consumers splurging on summer essentials and entertainment.

Sunny June boosts UK high street sales

June's sunny weather has revitalised UK high streets, with consumers spending big on drinks and dining out, giving the economy a much-needed lift.

UK-India trade deal defies sceptics

The UK and India have finalised a groundbreaking trade agreement, overcoming years of scepticism and political hurdles to strengthen economic ties.

Bank warns of rising ATM fees amid inflation

The Bank of England has raised concerns over increasing ATM withdrawal fees as inflation pressures mount, leaving consumers facing higher costs for accessing cash.

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

UK heatwave drives retail sales surge

Soaring temperatures in June drove UK consumers to spend heavily on cooling products, lifting retail sales figures despite broader economic pressures.

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