{"id":5480,"date":"2025-01-07T14:10:24","date_gmt":"2025-01-07T14:10:24","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=5480"},"modified":"2025-01-09T09:23:38","modified_gmt":"2025-01-09T09:23:38","slug":"household-spending-expected-to-increase","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2025\/01\/07\/household-spending-expected-to-increase\/","title":{"rendered":"Household spending expected to increase"},"content":{"rendered":"<div class=\"hd-block hd-block-table\">\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Household finances are the strongest they&#8217;ve been in two years, boosting consumer confidence\u00a0<\/td><td>The number of people reporting financial trouble has halved since September 2022\u00a0<\/td><td>Despite optimism, 72% of consumers plan to cut spending in the next three months\u00a0<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>A survey has found that household finances are the strongest they\u2019ve been for two years<\/strong><strong><sup>1<\/sup><\/strong><strong>.<\/strong>&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Consumers seem to be feeling more confident. Since September 2022, the number of people who say they are in financial trouble has halved. Meanwhile, there has been an increase in the number of consumers who have spare cash to spend on luxuries or put in their savings. This is expected to prompt an increase in spending.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>However, many are still proceeding with caution. 72% of survey respondents plan to make cuts to their spending over the next three months \u2013 the same proportion as this time last year.&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>PwC, 2024&nbsp;<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.<\/em><\/strong>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Household finances are the strongest they&#8217;ve been in two years, boosting consumer confidence\u00a0 The number of people reporting financial trouble has halved since September 2022\u00a0 Despite optimism, 72% of consumers plan to cut spending in the next three months\u00a0 A survey has found that household finances are the strongest they\u2019ve been for two years1.&nbsp; Consumers [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5481,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,76],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/5480"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=5480"}],"version-history":[{"count":6,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/5480\/revisions"}],"predecessor-version":[{"id":5514,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/5480\/revisions\/5514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/5481"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=5480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=5480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=5480"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=5480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}