UK consumer spending weakens over week to February 11 – ONS

HomeWorldWide

UK consumer spending weakens over week to February 11 – ONS

British consumer spending fell over the past week and the proportion of people on furlough and who are working exclusively from home increased, as the

German ‘naturalisations’ fall as Brexit effect fades
Asking prices for UK houses rise again – Rightmove
UK house prices rise at fastest rate in six years

British consumer spending fell over the past week and the proportion of people on furlough and who are working exclusively from home increased, as the country remained in a coronavirus lockdown, official figures showed on Thursday.

Debit and credit card spending – as measured by Bank of England CHAPS payment data – was 28% below its level in February 2020 during the week to Feb. 11, representing a greater shortfall than the 24% shortfall reported the week before.

Businesses said 20% of their staff were on furlough between Jan. 25 and Feb. 7, up from 18% two weeks earlier but below the peak of 30% recorded in June during the first lockdown, the Office for National Statistics said.

COMMENTS

WORDPRESS: 0
DISQUS: 0