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German group secured over €500mn of orders in online sale after severing ties with Kanye West following antisemitic remarks
...Households remain uncertain of the overall direction of travel, although some retailers have announced larger than expected profits spurred by the outlook for UK consumer confidence....
...The new £5,000 tax favoured individual savings account allowance for UK equity will be welcomed by richer households who already use their full £20,000 annual allowance....
...UK households with mortgages experienced higher inflation than any other household type in December, according to new official statistics....
...Britain’s household energy price cap is set to fall by 12 per cent in April following a drop in wholesale gas and electricity prices....
...Nestlé reported lower than expected full-year sales as the world’s biggest food company pinned the blame on a continued squeeze on household budgets....
...Bunzl, Howdens et al are generally smaller than the household names, and smaller companies can grow faster. Bunzl’s revenues, for example, have increased from £2.7bn to £11.8bn over the past 20 years....
...UK adults are increasingly reducing the amount they save and invest as price rises continue to weigh on household finances....
...But the plans could prove controversial as households could pay higher prices at peak times....
Family-owned company looking to sell up to 24% of its share capital
...consumer products company, the first of its peers to report earnings for the three months to December, for clues to whether inflation-wearied consumers may have reached the limits of what they will pay for household...
...The increases have put considerable pressure on the millions of households that rely on car insurance, compounding the cost of living crisis....
...Sales in petrol stations were up 3.2 per cent in March, household goods stores reported a 2.4 per cent expansion and sales at clothing stores rose 0.5 per cent....
...For households that own their properties outright, the rate was 7.4 per cent....
Shoemaker has issued five profit warnings since private equity firm Permira listed it in London in 2021
...higher inflation than households that rent or own their housing?...
...In 2023, overall household consumption increased by just 0.3 per cent, according to estimates from the Office for National Statistics....
...Although mortgages are a substantial portion of household debt, mortgage debt service ratio is expected to only increase 4.5 per cent of household disposable income in 2025 from 4 per cent in 2022....
...“The impact of the unlikely income boost has been very uneven — older, asset-rich households have gained the most, while younger mortgagor households have been hit hard,” said Simon Pittaway, senior economist...
...US consumer spending is expected to slow in 2024 as higher credit card rates and student loan payments increase household debt, Fitch Ratings has warned....
...Households living closest to new electricity transmission pylons and substations will get up to £10,000 off their electricity bills over 10 years, the UK chancellor has confirmed....
Buying property is not the smartest use of luxury cash flows
...Real household disposable income per head is projected to fall by 3.1 per cent from December 2019 to January 2025, according to the Resolution Foundation think-tank....
...The chancellor has also announced plans to compensate households for electricity infrastructure built near their homes, as the National Grid seeks rapid expansion to deal with surging low-carbon generation...
...Fragrances, face creams and foundations have the attractive qualities of high margins, pricing power and a growing share of household budgets....
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