Close

This function is only available to subscribers. Find out more HERE or log in below

Forgotten details?

Dont have an account?Sign up here

  • Log In
  • Sign Up
  • RSS
  • Britain turning into "gangmasters' paradise" due to failure to enforce minimum w...

    source icon

    10:44Emily Thornberry

    TWITTER

    Britain turning into "gangmasters' paradise" due to failure to enforce minimum wage My piece in Mirror today> http://t.co/VCwg8QbMtO

  • The nation needed a lift after Woolwich, something to bring all communities toge...

    source icon

    10:38Tim Shipman

    TWITTER

    The nation needed a lift after Woolwich, something to bring all communities together. Thanks, Sally...

  • Faisal Islam | Who is going to be the first to tweet "why is Sally bercow trending?"?

    source icon

    10:37Faisal Islam

    TWITTER

    Who is going to be the first to tweet "why is Sally bercow trending?"?

  • Paul Richards | I'm heading into Portcullis House which I anticipate will be a buzzing hive of h...

    source icon

    10:01Paul Richards

    TWITTER

    I'm heading into Portcullis House which I anticipate will be a buzzing hive of hard work and public service.

  • Mike Smithson | LAB moves to its best YouGov position for seven weeks

    source icon

    09:29PoliticalBetting

    BLOG

    Ukip drop to 13% The latest YouGov daily poll is out and sees the Tories still in the doldrums below the 30 mark. The comparisons in the chart above are with a week ago which was before the reported “...

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

  • PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers

    11:05 Sign up to see last 24 hours

    PoliticsHome

    Only the latest five entries on the PhiWire are visible to non-subscribers, Sign up to see last 24 hours

PoliticsHome. All Todays Politics In One Place

  • Home
  • Category Hub
  • Culture & Media
  • Home Affairs
  • Economy & Work
  • Education
  • Energy & Environment
  • Foreign & Defence
  • Health & Care
  • Local & Regional
  • Party Politics
  • Transport
  • PH PRO
  • On The GO
  • About Us
  • Contact Us/Help
  • Central Lobby
  • Member Directory
  • Waugh Room
  • The House Magazine
  • Political Pulse
  • Story Tracker
  • Today's Events
  • The Green Box
  • Today's Top Ten
  • Today's Front Pages
  • Newsmakers
  • Dot Commons' Diary
  • You are here:
  • Central Lobby/ Article Detail

September bounce in spending

Bookmark and Share

Further Reading


  • UK Expenditure Index

Member News

Avoiding technical recession little comfort as UK economy approaches half a decade of stagnation

Non-food prices rise for first time in 15 months

Government disarray on the economy exposes them as 'failures and fraudsters'

Business bank would boost building

Food retailers drive investment in stores and staff

Visa5th October 2012

September saw a sharp rise in UK household spending, recording the highest level since May 2009.

According to Visa's UK Expenditure Index, monthly growth in September was recorded at a level of 3%, up from 1.2% in August.

The Index also shows the quarterly gain in spending to be the best recorded since July 2009.

It was a good month for the high street, as the principal source of spending was "face-to-face" ,with consumers splashing out on clothing and footwear in stores.

Food, beverages and tobacco also recorded a strong rise in spending.

The Index, which is published on a monthly basis, uses card spending data and adjusts it for a variety of factors to create a like-for-like comparison of consumer spending.

Although consumer spending has been subdued and weaker than in 2011, Jeremy Nicholds, EVP for commercial development at Visa Europe said the recent improvement means, "overall spending levels are once again growing".

"Hopefully this trend will continue throughout quarter four as we approach retailers' most important period in the run up to Christmas", he said.

Chris Williamson, chief economist at Markit, the financial information services company which compiles the data, said the increase in spending was led by people, "enjoying more leisure time at hotels and restaurants, as well as buoyant sales of clothing and footwear as people renewed their winter wardrobes."

"The data therefore add to evidence that the economy pulled out of recession in the third quarter, but still leaves the question of whether this is merely a temporary rebound or start of a sustained upturn", he said.

However despite the recent resurgence in spending, Williamson maintains that consumer confidence "remains historically low".

As uncertainty about the economy and jobs persist, he suggests the bounce in spending may be "as good as its gets for the foreseeable future."

Bookmark and Share





  • Home
    • Central Lobby
    • Member Directory
    • Waugh Room
    • The House Magazine
    • Political Pulse
    • Story Tracker
    • Today's Events
    • The Green Box
    • Today's Top Ten
    • Today's Front Pages
    • Newsmakers
    • Dot Commons' Diary
  • Category Hub
  • Culture & Media
    • Communications
    • Gambling
    • Licensing
    • Media/Phone hacking
    • Olympics
    • Sport
    • The Arts
  • Home Affairs
    • Voluntary Sector
    • Social Issues
    • Civil Liberties & Counter Terrorism
    • Emergency Services
    • Equality
    • Immigration
    • Law, Justice & Prisons
    • Science & Technology
  • Economy & Work
    • British Business
    • Construction
    • Consumers
    • Indicators
    • Employment
    • Financial Services
    • Food & Drink
    • Insurance
    • Manufacturing
    • Public Sector Finances
    • Retail Sector
    • Tax
    • Trade unions
    • Utilities
    • Welfare
  • Education
    • Children
    • Further & Higher Education
    • Schools
    • Skills & Training
  • Energy & Environment
    • Agriculture
    • Animals
    • Energy Policy
    • Energy Sources
    • Environment
  • Foreign & Defence
    • Middle East
    • The Americas
    • US News
    • Iraq
    • Iran
    • Afghanistan
    • Africa
    • Asia
    • Defence
    • Europe & EU
    • International development
    • International news
  • Health & Care
    • Disability
    • Health Professionals
    • NHS
    • Pharmaceuticals
    • Public Health
    • Social Care
  • Local & Regional
    • Northern Ireland
    • Planning
    • Scotland
    • Wales
    • Communities
    • Housing
    • Local Government
    • London
  • Party Politics
    • Public Administration
    • SNP
    • UKIP
    • Political System
    • Political & Constitutional reform
    • BNP
    • Conservative Party
    • Gossip & Rumour
    • Green Party
    • Labour Party
    • Liberal Democrats
    • Opinion Polls
    • Parliament
    • Plaid Cymru
  • Transport
    • Air Transport
    • Buses
    • Rail Transport
    • Road Transport
    • Transport Policy
  • PH PRO
    • Lobby Briefings
    • Press Releases
    • Transcripts
    • House of Commons
    • On Air Today
    • PH Pro
    • My Dashboard
    • My Calendar
    • My Settings
  • On The GO
    • Edit my emails
  • About Us
    • Our Clients
    • Opinion Research
    • Advertising
    • Who We Are
    • Sign Up today!
  • Contact Us/Help
    • Contact Us
    • Help
    • FAQs
  • Utility
    • Log In
    • Sign Up
    • RSS
    • Find Your MP
    • Mobile
  • Archives
    • Central Lobby Members Archive
    • MP Articles Archive
    • Peer Articles Archive
  • © 2012 PoliticsHome
    • Twitter
    • MP Directory
    • Privacy Policy
    • Terms & Conditions
    • Central Lobby Terms & Conditions