IlluMyFi

Average spend on gifts and celebrations expected to rise 5% to £433 for each consumer, says PwC

Premium food, clothing and technology purchases are expected to drive a 5% jump in festive spending to £22.7bn this year, according to figures that suggest UK consumers will outstrip the first post-pandemic Christmas in 2021.

The average spending on gifts and celebrations is expected to rise from £416 to £433 for each person, the survey of 2,000 adults by the accountancy firm PwC found.

Sentiment

Bearish/Bullish

26.12.24 06:00

by theguardian.com

Bouncing back: UK soft play centres recover after Covid closures

Chains expand and high street cafes thrive but businesses face new pressures after budget

“It will go all the way up there, with four floors, and a net maze,” says Jonathan Laznik, the owner of Gambado, pointing to the 10-metre-high ceiling in Forest Hill’s Capitol theatre, which is the venue for the company’s newest soft play venture.

Built as a silent cinema in 1929, the Grade II-listed art deco building, which once sat 1,600 cinemagoers, has also served as a bingo hall and, until last year, a Wetherspoon’s pub.

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