Back
News

Sun shines on gloomy high streets

British consumers have been cheered into spending more by the Indian summer into spending more than any time since 2010.

While bellwether retailers such as Next, M&S and SuperGroup may have blamed the warm weather for stopping shoppers splashing out on coats and scarves, overall spending last month rose by 1.5%.

According to Visa Europe hotels, as and restaurants led the way, with spending up 9.6% on the year. Food drink and tobacco rose 4.4%. And clothing, though clearly not the right sort of clothing, also rose by 2.5%.

Daily Telegraph Business, 4

 

Up next…