BHW spending, Inflation and Stock prices

The first bank holiday weekend hit when the sun was shining and outside was open. This resulted in individual’s expenditure hitting an all time high after months of staying indoors physically and financially. We asked our audience how much they spent on the weekend and we heard ranges from £50-£4K. People questioned if costs had gone up and inflation figures confirmed this. In March inflation was 0.7% and by April, it rose to 1.5%. We discuss what this means for the cost of our goods and services as well as those who benefit from inflation. Just like inflation, house prices have also seen a 10.9% surge in the past twelve months with more buyers seeking out a property with a garden. Stocks such as AMC are also on the up now cinemas are back open. With the economy working overtime to recover, we question where this leaves our personal pockets. Let us know how you’re getting through the summer financially via our socials.