consumer spending

High street gloom continues as fears grow over UK economy

High street gloom continues as fears grow over UK economy

Retail sales fail to rise for record fifth month in a row in December, says ONSHigh street sales in Britain slumped in December as consumers reined in their spending over the key Christmas shopping

Why some experts think auto loans are the next ‘red flag’ for the economy

Outsized loans, borrowers falling behind, and a growing pile of subprime borrowers...sound familiar?
Argentina Posts Highest Year-End Inflation in Almost 3 Decades

Argentina Posts Highest Year-End Inflation in Almost 3 Decades

Argentina recorded its biggest increase in prices last year since 1991 when the South American nation was recovering from hyperinflation.
My pre-pay electricity meter with Scottish Power ran up £1,200 bill

My pre-pay electricity meter with Scottish Power ran up £1,200 bill

I had left with a £5 credit on my electricity account then I received this billI recently moved out of a property that I rented for more than three years where Scottish Power was supplying my
Beales department store chain close to collapse

Beales department store chain close to collapse

Firms says a buyer must be found within days, with 1,000 jobs at riskThe department store chain Beales is on the brink of collapse and must find a buyer within days, with about 1,000 jobs at risk if
UK ethical consumer spending hits record high, report shows

UK ethical consumer spending hits record high, report shows

Market including food, drinks, clothing and energy has risen almost fourfold in past 20 yearsEthical consumer spending has hit record levels in the UK, according to a new report that reveals the total
Luxury is embarrassing

Luxury is embarrassing

A new study sheds light on why some people never wear the fancy items they own.
Has Christmas hit peak stuff? Consumers shift to giving experiences

Has Christmas hit peak stuff? Consumers shift to giving experiences

Environmental effects of presents and wrapping are turning many off physical giftsFrom stocking fillers and novelty gifts to extravagant main presents, for all its religious and cultural significance
Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars

Christmas Cheer: Incomes Jumps Higher, Consumer Spending Soars

The jump in incomes and consumer spending undermines the narrative of an ailing economy that Democrat presidential hopefuls are pushing.
Retailers sell clothes at half price in huge pre-Christmas discounts

Retailers sell clothes at half price in huge pre-Christmas discounts

Stores try to win customers amid consumer uncertainty and heavy competition Retailers are offering bigger than ever pre-Christmas clothing discounts this year in an effort to win customers against a

4 Financially Smart Gifts to Give Yourself and Others This Year

The holidays are a joyous time for giving and gratitude but they can also wreak havoc on your finances. Here are four ways to get ahead.
Black Friday sales are fueling fashion’s dark side | Eva Kruse

Black Friday sales are fueling fashion’s dark side | Eva Kruse

We are producing and consuming fashion at a rate like never before – and mass shopping sales are simply fanning the flamesThis morning I opened my inbox to find reams of emails – mid-season sale, 50%
Are economic doldrums likely to continue? Experts discuss the data

Are economic doldrums likely to continue? Experts discuss the data

Two former members of BoE’s rate-setting committee on prospects for Britain’s economyHow has Brexit vote affected UK economy? November verdictBrexit uncertainty makes impact on October pay
November’s Consumer Confidence Dip Is a Troubling Start to the Holiday Shopping Season

November’s Consumer Confidence Dip Is a Troubling Start to the Holiday Shopping Season

The fear for U.S. retailers and economists is that falling confidence could spill over into tighter pocketbooks this holiday season.
Consumer Confidence Remains High Despite Slight Decline in November

Consumer Confidence Remains High Despite Slight Decline in November

Despite dipping again in November, confidence levels remain high and should support solid spending during this holiday season.
Fortune Poll: Two-Thirds of Americans Anticipate a 2020 Recession

Fortune Poll: Two-Thirds of Americans Anticipate a 2020 Recession

Fortune-SurveyMonkey polled more than 10,000 Americans to get a pulse on their household spending and economic outlooks.
The great American labor paradox: Plentiful jobs, most of them bad

The great American labor paradox: Plentiful jobs, most of them bad

When you compare lived reality with the data, it's clear something big is getting lost in translation
After years of falling, poverty in India may have risen again since GST and demonetisation

After years of falling, poverty in India may have risen again since GST and demonetisation

Consumers are spending less on clothing, rent and even food.
UK retail sales hit by surprise downturn despite big discounting

UK retail sales hit by surprise downturn despite big discounting

Drop of 0.1% blamed on pre-Brexit concerns and declines in employment and wages growthBritain’s shops were hit by a surprise downturn in sales in the run-up to Christmas after official figures showed
Cautious UK shoppers dent profits at shopping centres owner

Cautious UK shoppers dent profits at shopping centres owner

Store closures, shift to online shopping and political uncertainty fuel £147m loss at LandsecLandsec, which owns shopping centres including Trinity Leeds, Westgate Oxford and Bluewater in Kent, has