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Visa Europe

Latest spending figures show record highs Partner content
Economy
By Visa Europe
Latest spending figures show record highs
Consumer spending hits record levels last month, bolstered by Valentine’s Day and half-term, according to new statistics.
Partner content
Economy
By Visa Europe
Valentine’s Day half-term boost spend on hotels, dining and entertainment to record levels
ƒƒ- Household spending increases +2.2% year-on-year in February ƒƒ- Sharp rise in spending on Hotels, Restaurants Bars (+13.6%) and Recreation Culture (+9.7%), while expenditure growth reaches 13-month high across Food Drink (+4.8%) retailers ƒƒ- E-commerce on upward trajectory as growth improves to +6.3% on an annual basis
Partner content
Economy
By Visa Europe
High street enjoys a strong return in January
- Consumer spending rose +2.7% on an annual basis in January, the highest growth rate since May 2015 - Clothing Footwear surged +5.0% from a dip in December, thanks to cold weather and January sales - High Street spending bounced back to an eight-month high
Communities Minister hails eight month high in UK spending growth Partner content
Economy
By Visa Europe
Communities Minister hails eight month high in UK spending growth
Communities Minister Marcus Jones has today welcomed new figures, which show that annual growth in UK consumer spending has hit its highest level in eight months. 
Tory MP calls for relaxed Sunday trading laws after sharp rise in online Xmas shopping Partner content
Economy
By Visa Europe
Tory MP calls for relaxed Sunday trading laws after sharp rise in online Xmas shopping
Conservative MP Luke Hall has argued the rise in online spending over the Christmas period shows the need for the liberalisation of the Sunday trading laws.
Partner content
Economy
By Visa Europe
Solid overall spending growth in December, but e-commerce the clear winner at Christmas
- Consumer spending increases solidly in December (+2.3% year-on-year), rounding off 2015 as the second strongest year since 2008 - Sharp rise in e-commerce spending (+7.4%), but face-to-face spending is broadly flat (-0.1%) - Growth led by Hotels, Restaurants Bars (+8.1%), Household Goods (+4.9%) and Recreation Culture (+4.8%)
New Black Friday spending figures show e-commerce surging ahead of the high street Partner content
Economy
By Visa Europe
New Black Friday spending figures show e-commerce surging ahead of the high street
While shopping online continues to grow in popularity, the high street is still taking a hit, according to new figures from Visa Europe.
Partner content
Economy
By Visa Europe
E-commerce grows strongly despite modest overall spending in November
- Modest increase in consumer spending in November (+1.1% on the year) - Expenditure continues to rise solidly in e-commerce (+4.1%), but declines on the high street (-1.5%) - Hotels, Restaurants Bars, Recreation Culture and Clothing Footwear see strongest increases in spending during November
Partner content
Economy
By Visa Europe
Consumer spending growth edges up to three-month high in October
- Consumer spending increases at fastest annual rate in three months (+2.1%) - Majority of spending categories see increased expenditure, led by Hotels, Bars Restaurants and Recreation Culture (+10% and 5.3% respectively) - Renewed increase in spending on the high street as online expenditure continues to rise solidly
Partner content
Economy
By Visa Europe
Solid increase in September consumer spending, driven by leisure and entertainment activities
- Consumer spending continues to rise at a steady rate of +1.8% year-on-year - Solid increases seen across a broad range of categories, with the Recreation Culture and Clothing Footwear sectors among the best performers - Strong growth for e-commerce of +5.8% year-on-year, though high street spending remains flat
Tory MP hails new consumer spending figures as proof of economic recovery Partner content
Economy
By Visa Europe
Tory MP hails new consumer spending figures as proof of economic recovery
The Conservative party’s rising star Alan Mak has welcomed new consumer spending figures compiled by Visa Europe, which show growth across a broad range of sectors.
Online summer sales fuels consumer spending growth Partner content
Economy
By Visa Europe
Online summer sales fuels consumer spending growth
Consumer spending grew by 1.9% in the year to August, according to the latest Visa Europe UK Expenditure Index.
Partner content
Economy
By Visa Europe
Household spending continues to rise solidly, with online expenditure a key driver of growth in August
- Household spending rises +1.9% on the year in August, up from +1.8% in July - Hotels, Restaurants Bars (+8.9%) and Recreation Culture (+6.1%) both see marked increases in spend - Online retailers see sharpest rise in expenditure for four years (+10.7%)
Partner content
Economy
By Visa Europe
Consumer spending rises strongly in July as Brits spend more on holidays, dining out and entertainment
- Consumer spending rises +1.9% on the year in July, up from an annual increase of +1.4% in June - Growth led by Hotels Restaurants (+8.6%) and a near-record rise in Recreation Culture (+5.6%) - Online retailers continue to record marked rise in spending (+6.3%)
July sunshine sees consumer spending grow Partner content
Economy
By Visa Europe
July sunshine sees consumer spending grow
Consumer spending grew by 1.9% in the year to July, according to the latest Visa Europe UK Expenditure Index.
Consumer spending hits five year high, latest figures show Partner content
Economy
By Visa Europe
Consumer spending hits five year high, latest figures show
MPs welcome the latest consumer spending data as Visa Europe releases its UK Expenditure Index 
Partner content
Economy
By Visa Europe
Low inflation and falling unemployment continues growth in consumer spending
- Expenditure growth moderates but remains strong in June (+1.4% year-on-year) - Higher consumer spending supported by greater spending on going out and household goods - Online spending sees sharpest increase in expenditure of all three monitored channels
Deflation boosts household spending - report Partner content
Economy
By Visa Europe
Deflation boosts household spending - report
Households are reaping the benefits of deflation coupled with rising pay packets, as indicators suggest consumer spending is continuing to rise.
Partner content
Economy
By Visa Europe
Consumer spending accelerated in May, underpinned by the strongest growth momentum in seven years
- Consumer spending rose +2.6% on an annual basis in May, rounding off the strongest three month average increase in expenditure since January 2008 - Broad-based growth led by spending in discretionary areas including Hotels, Restaurants Bars and Recreation Culture - Fastest annual rise in high street spending for over a year
Easter break boosts consumer spending Partner content
Economy
By Visa Europe
Easter break boosts consumer spending
Weeks of political uncertainly do not appear to have dampened consumer confidence, as the latest figures from Visa Europe’s Expenditure Index show a 2% year-on-year increase in spending in April.
Partner content
Economy
By Visa Europe
Further growth in consumer spending in February, as rising real incomes and low inflation take effect
The February UK Expenditure Index showed: - Consumer spending rises 1.2% on an annual basis in February - Strongest spending increases in Hotels, Restaurants Bars; Food, Beverages Tobacco; and Household Goods - High street spending remains a key driver of overall growth
Partner content
Economy
By Visa Europe
Consumer spending off to a solid start in January
- Consumer spending rises +1.3% on an annual basis in January - Strongest increases in Hotels, Restaurants Bars (+9.7%) and Food Drink (+4.9%) - Footwear Clothing (-3.3%) spending declines for fourth month out of five