Belfast Telegraph

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DIY trade dwindles along with family budgets

The traditional bank holiday trip to the local DIY depot is on the wain as homeowners find no room for it in the family budget.

Spending on do-it-yourself home improvements has fallen to the lowest in 15 years as the current economic climate affects our ability to buy power tools and decorating implements.

A sluggish housing market has given people little incentive to upgrade their homes with the UK now spending less than half as much as they did on DIY than in 2004.

In total, we spent £7.8bn on DIY - around £300 per household - the lowest figure since records began in 1996, according to the Daily Mail.

Belfast Telegraph


From Belfast Telegraph