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The UK Economy - Consumer Spending

Jim Riley

15th March 2011

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Consumer spending makes up a significant proportion of the value of UK GDP, so changes in consumer confidence and spending have a direct impact on UK economic growth. How has consumer spending changed over recent economic cycles? Here is an interactive chart (which updates with ONS data once published) which will help students see the overall trends in total UK consumer spending…

Data from Timetric.

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Bank of England Target 2.0 from Timetric

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.