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Experts Share Seven Tips For Making Your Clothing Go Further As Cost Of Living Crisis Continues

Experts Share Seven Tips For Making Your Clothing Go Further As Cost Of Living Crisis Continues

The average UK household spends £58 per month on clothing and footwear according to data from The Office of National Statistics (ONS), roughly 61% lower than the average spend pre-pandemic which stood at £93.60. 

Despite the fact that aggregate retail sales have fully recovered from pre-pandemic levels, the ongoing cost of living crisis has caused people to make fewer purchases.

Thus, even if our overall expenditure has grown from before the epidemic, this is attributable to rising prices rather than a rise in the number of purchases.

Additionally, spending on clothing and shoes was actually down 14% year over year Read the rest

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Business OpinionThe most recent wave of IFF’s Enterprise Omnibus has revealed more and more divided enterprise opinion between these in favour and people against remaining a part of the EU. Value advised CNN that Gravity Funds collected dozens of latest purchasers instantly after he revealed the information, offering the perfect week of recent enterprise in the group’s history. As I sit right here studying articles about the new tax changes that our authorities is planning to impose on small businesses in Canada, I’m discovering it onerous to put the suitable words collectively that may categorical how devastating this would be to … Read the rest