Thursday, November 24, 2016

UK leads Europe with the highest average household spend this Christmas

With the continuous chaos for GBP since the June 26th Brexit, the economy has taken new shapes, but it appears that despite the Brexit hype there will be a positive impact on spending during the Christmas trading period.  

Surprisingly, it’s not only the result of a surge in foreign shoppers spending in the UK but British households spending more this year too. According to RetailMeNot’s research, the average household will spend £809.97 this Christmas, covering the likes of gifts, food & drink, holiday travel and decorations, with the majority (58.5 per cent) of the budget going to gifts.  

Whether you are yet looking for small business ideas in UK to start your venture or have already started something, this is the peak time to strategize your business for the season and make most out of it!

No comments:

Post a Comment