spending
How to avoid blowing your holiday budget at the airport
With four in five of us happy to start splashing the cash as soon as we’ve cleared security, here’s how to keep control of your wallet.
Retailers blame ‘election uncertainty’ as sales drop in June
Retail sales volumes fell 1.2% last month, at twice the rate that economists had expected.
Labour strengthens economic watchdog to prevent repeat of Truss mini-budget
The Office for Budget Responsibility will have new powers to oversee and publish an assessment of major Government spending changes.
Why has inflation stayed the same and what is the ‘Taylor Swift effect’?
Some economists have suggested that the ‘Taylor Swift effect’ prompted hotels and restaurants to raise their prices by more than usual in June.
Holidaymakers urged to consider accounts and cards that could help avoid fees
It could pay for some people to open a new account or even switch bank before their summer holiday, Defaqto’s market analysis suggests.
June cold snap leads to consumer spending slump
Sales of weather-sensitive categories such as clothing and footwear, as well as DIY and gardening, were hit particularly hard, figures show.
‘Holiday mentality’ leaves people spending £250 more on extras while away
Dining out, live events, clothes and transport are among the items people splash out on, HSBC UK said.
Fashion and furniture shopping help UK retail sales rebound in May
The quantity of items bought rose by 2.9% in May, following a fall of 1.8% in April, the Office for National Statistics said.
Labour and Tories ‘avoiding reality’ of sharp spending cuts, says think tank
The Institute for Fiscal Studies said neither party appears ‘serious’ about debt reduction.
21% of new first-time buyers stretch mortgage terms for more than 35 years
The trend of longer-term mortgages is ‘further evidence of the ongoing affordability crunch’, according to UK Finance’s Household Finance Review.