Survey on the British spending habits

Britain is a nation of vodka drinkers who wear Nike, prefer to gamble at Ladbrokes and don’t realise Brexit will make life more expensive, according to a consumer survey by HSBC.

Its report, Anatomy of the Consumer, analysed spending habits in travel, leisure, food and retail, based on a survey of 2,000 people.

Its key finding was that consumers remain “unfazed by current uncertainty” about the economy, with relatively few reporting fears that they might lose their job or see the value of their home fall.

But nearly half of those surveyed said they are worried about rising living costs, with more saying their disposable income has dwindled in the last year than those who have more money to spend. (mfor.hu)