UK Economy Exits Recession with 0.6% Growth in Q1
**Lead:** The UK economy emerges from recession with a 0.6% growth in the first quarter of 2024, surpassing expectations...
household spending
Inflation Pushes Disposable Income to Record Low Levels
In a concerning development, household discretionary income has hit a new low of £41.94 per week, marking the seventh...
Retail Sales Decline Amid Cost of Living Crisis
In May 2022, UK retail sales volumes dropped by 0.5% due to the cost of living crisis, with households...
Household Spending Declines Amidst Economic Challenges
In a recent report by Visa's UK Consumer Spending Index, household spending dropped 0.9% in July due to slow...