Article preview: Spending habits are changing in the isolation economy, with a shift in spending focus during lockdown. New research from Legal & General and the Centre for Economics and Business Research (CEBR) found that spending habits in the isolation economy have changed by as much as £12.9 billion a year. This shift in spending habits is largely as a result of our increased spending during the lockdown on four key categories at home. The four big areas of at-home spending are groceries, alcohol, entertainment, and hobbies and crafts.
Spending habits change in the isolation economy
This 750-word blog post looks at how our spending habits have changed during the lockdown. Written on 12th May 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.