Ticket sales for the Oasis reunion tour significantly boosted non-essential spending among British consumers in September, with industry figures reflecting a strong retail performance.
Consumer card data indicates a 2.7% year-on-year increase in non-essential spending, particularly driven by a surge in demand for shows and concerts.
Retail sales grew by 2% year-on-year, showcasing robust consumer activity as shoppers geared up for the new academic year, reflecting resilience in non-food purchases.
Despite strong retail growth, concerns linger over financial outlook as households are cautious with large purchases amid ongoing high living costs and the looming budget.
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