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British splash out more on clothes and dining out

By Josie Clarke

Britons' spending on designer clothes and dining out has increased significantly on last year amid uncertainty following the Brexit vote, a survey suggests.

Estimated yearly spending on designer clothes, shoes and accessories is up 38% on last year, and spending on technology is up 22% to £190, the YouGov poll for found.

Yearly spending on eating out is up to £500 per person, an increase of 6% on last year, and Britons are now spending an estimated average £219 a year on entertainment, up from last year's £173.

However spending on holidays has fallen from last year's average £1,022 to £953, perhaps as a result over currency exchange rate concerns, and spending on drinking outside the home has fallen from last year's £380 to £334 a year.

Vouchercodes spokeswoman Anita Naik said: "With the nation able to allocate a healthy 15% of their income to enjoying themselves, we've found Brits' spend on many key non-essential purchases has increased from 2015."

Belfast Telegraph


From Belfast Telegraph