household spend

Third of households demonstrating financial resilience

9th February 2023 Arrears and Recoveries | #household spend

Some 10 million households will demonstrate financial resilience this year, with spending power concentrated in London, the South-East and city locations throughout the UK according to new analysis from Experian. The research reveals more than a third (35%) of households are equipped to recover from temporary financial issues in 2023 despite the wider economic landscape.…

Consumers spent £3bn a month more on petrol and groceries as cost of living continues to rise

25th March 2022 Consumer Lending | #household spend

British households spent 66% (£226) more on petrol in 2021 than 2020 and 45% (£468) more on groceries, according to the latest figures from LifeSearch. LifeSearch looked at spending across 16 categories, including food, entertainment, clothes and retail – and can reveal a 47% (£96.1bn) total increase in actual spending, with huge spikes in the…

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household spend

Third of households demonstrating financial resilience

Consumers spent £3bn a month more on petrol and groceries as cost of living continues to rise

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