Belt tightening puts consumer spending under pressure
A key economic indicator for business students to understand is consumer spending. The amount that households spend on goods and services is an important driver of demand for most businesses we study, so a major change in consumer spending growth is a significant change in the economic environment.
read more...»Celebs take the rap for binge drinking
When a public company has to announce its financial results, the CEO has to decide the best angle to take in order to present the results in the best possible light. When the numbers don’t look so good, it is often a cute move to deflect attention elsewhere.
So cue Tim Martin, Chief Executive of pub-chain JD Wetherspoon, who has briefed investors and the media on the reasons behind a fall in profits…
read more...»Supporters count the cost of following a Premiership footie club
How much would you spend to be a loyal supporter of Premiership football club? New research highlights just how much it all costs.
read more...»From soap and soup to satnav and sony
A fascinating report has just been issued by the Office of National Statistics on how the level and pattern of consumer spending has changed over the last 50 years.
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