Tag: socialising

Consumer spending on holidays and  socialising on the rise 

• Lloyds Bank data unearths how different generations and regions spend on  making memories 

• Non-essential spending on holidays, restaurants and recreation rising

• Non-essential spending increase is slowest in London  

• Gen Z holiday spending growing quicker than Millennials and Generation X 

Non-essential spending in the UK is on the rise despite the cost-of-living crisis,  according to data from Lloyds Bank. 

Every region in the UK, including Scotland, Wales and Northern Ireland, is spending  more on non-essentials like holidays, restaurants and recreational activities but  London is the slowest-growing region for this type of spending. 

Lloyds Bank has revealed the data following the launch of its new credit card, the World Elite Mastercard®, which enables customers to earn cashback on every card purchase  made, alongside enjoying a range of travel benefits. 

With millions of customers across the UK, Lloyds Bank touches nearly every  community and household in the country. The analysis, based on card spending of  the bank’s customers, provides live insight into the state of the nation. 

Non-essential purchases – like holidays and restaurant spending – have been in  positive growth, year-on-year, since May 2021.  In 2023 alone, year-on-year non-essential spending has grown more than 3% every single month, peaking at a 10% increase in January.  

The data indicates the trend is largely being driven by wanderlust – particularly  amongst the over 65s, who have increased spending in this category by 21% in  October. Millennials (people aged 25 to 34) meanwhile, are displaying the slowest  growth among generational holiday spenders year-on-year, up 11.8%, while Gen Z  consumers (aged 18 to 24) have seen holiday spend grow 16.9% over the last  year. 

Taking a regional view, consumers in Wales are leading the charge in holiday spending – up by more than a fifth compared to last year (21.6%), while Scottish  holidaymakers and those in the South West have increased travel card spending  by 19.5% and 19.1% respectively.  

Spending from people living in London shows the slowest growth at 12.5%, with  those in the North West spending 16.5% more year-on-year.

Overall, year-on-year holiday spending is up 17.1%, restaurant spending is up 6.2% and recreational  spending is up 3.3%. 

Looking at regional growth around non-essential spending more broadly, you see London showing the  slowest growth – up just 1.8% compared to the previous year. 

Meanwhile, consumers in Yorkshire and the Humber, which is the fastest-growing region, spent more  than 6% on non-essentials when compared with the previous year and Scottish consumers also spent over 5% more. 

The data also shows that spending on restaurants and going out to socialise account for the biggest non essential spending growth across all generations and all regions across the UK in October. 

Marc Lien, Credit Cards Managing Director at Lloyds Bank, said: “Despite understandable concerns  around the cost-of-living crisis, people still want to socialise and have a holiday to look forward to.

“We’ve  come through a challenging few years, and it’s positive to see that consumer spending is on the rise.  

“After listening to our customers it’s clear that spenders up and down the country want more from their  credit and debit card providers, and this is more important than ever at times like these – that’s exactly  why we launched the Lloyds Bank World Elite Mastercard®, to provide better, more easily accessible rewards. 

“The new Lloyds Bank World Elite Mastercard® offers cashback on every card purchase – no matter how big or small – and great benefits for travellers, including the luxury of skipping airport security queues and  access to over one thousand airport lounges worldwide.” 

Customers using the World Elite Mastercard® will earn 0.5% cashback on each card purchase up to and including £15,000. When total card spending reaches over £15,000, each card purchase will earn 1% cashback, paid into the account each month. 

World Elite Mastercard® customers will also receive benefits which add a touch of luxury when travelling: 

o Access to over 1,300 airport lounges, including lounges at London Heathrow, Edinburgh  International, Orlando International, Dubai International and many more, through Priority Pass. (Owned and operated by Collinson.) 

o Cardholders will be able to skip airport security queues and upgrade their airport security  experience at participating airports, powered by DragonPass. 

o Direct access to Mastercard’s priceless.com experiences and content in the UK and around the  world. 

World Elite Mastercard® also provides one additional cardholder with all the card benefits at no extra cost to the initial £15 per month.

Cashback earned by the additional cardholder will be added to the main  cardholder’s running total, and will be included in the monthly cashback payment made to the account. 

The main cardholder will be able to view or manage their World Elite Mastercard® and travel benefits  through online banking and the mobile app.

Not Going Out? Only 4% plan to stay at home on Hogmanay

NATION’S NEW YEAR’S EVES PLANS REVEALED

With the UK set for its biggest New Year’s Eve celebrations yet, more than half (54%) of the country already have plans to go out this year, and just 4% plan to stay home and have an early night, according to a new survey by Skiddle. 

After seriously missing the huge celebration last year, most of those surveyed by the event discovery platform said losing out on the night last year affected their decisions, and as a result are planning even bigger and better parties this December 31st.

Seven in 10 Brits will spend a minimum of £75 on their night out this year, with London, Manchester and Liverpool named as the UK’s best party cities for this year’s NYE celebrations.

One third of the population are aiming to make up for lost time by becoming the ultimate hardcore party goers, and have boasted they’ll be the last ones standing at a house party. Meanwhile, one in ten Brits admit they’ll probably end up in the local kebab shop before stumbling home, whilst 7% reckon their night will end somewhere they’ll regret the next day.

Not all of the UK feels the same though, almost half (43%) of Norwich residents are planning to celebrate their New Year’s Eve how it began – on the sofa.

While London, Manchester and Liverpool took the crown as nightlife capitals, Bristol and Glasgow stake the claim as the UK’s hardest partiers, with more than half of residents in the cities ALWAYS hitting the town to celebrate New Year’s Eve. 

Those expecting a kiss at midnight from a loved one might need to think again as it was also revealed that two thirds of Brits (67%) will spend New Year’s Eve with their mates rather than their partner (28%), although Southampton bucked the trend with one in six planning to ring in the New Year with their sweethearts. In Norwich, one in seven residents (14%) will spend New Year’s alone, while a quarter of Yorkies are opting to spend the quality time with their four-legged friends. 

New Year’s Eve is notoriously known for being an expensive night out, but Skiddle’s research revealed that 7 in 10 Brits will spend a minimum of £75 on their night out this year, and 1 in 10 a minimum of £250, with drinks topping the list for their expenditure. 

Jamie Scahill, Head of Marketing at Skiddle, commented: ‘We are delighted to see that so many people are planning to go out and party this New Year’s Eve, we all have a lot of making up to do after last year being cancelled. Going off our sales data, this could be the biggest New Year’s Eve ever we’ve seen.’

Skiddle, the leading Ticket Sales, Clubs Listings, Events & What’s On Guide website in the UK, surveyed its customers to find the UK’s best party cities and help Brits plan their BEST NIGHT EVER. 

The research revealed that bars and clubs (35%), or live events (28%) are the most popular options, with just 3% of Brits planning to have a quiet one this year. 

To plan a New Year’s Eve to remember (or for the last minute planners), head to Skiddle to view their city guides, detailing the best events this NYE: www.skiddle.com

CAMRA: Support your local pub!

Consumer group CAMRA, the Campaign for Real Ale, is urging pub goers and beer drinkers to get back down their locals wherever possible to socialise safely at pubs, social clubs and brewery taprooms. 

The Campaign is urging people to support their local pub, whether it has outside space that is opening from today or by supporting take-home beer and cider sales from those that cannot open for another few weeks yet. 

CAMRA has also teamed up with other industry organisations, including the Society of Independent Breweries (SIBA), Cask Marque and the British Institute of Innkeeping, to urge people to opt for a pint of fresh cask beer from a local, independent brewery as part of the ‘Cask is BACK, so back CASK’ campaign, championing our national drink which can only be bought and enjoyed down the pub.  

For those unable to reopen from today, CAMRA’s Pulling Together campaign at www.camra.org.uk/pullingtogether allows people to find and support local businesses by listing local pubs and breweries offering take-home beer and cider for collection or home delivery.  

CAMRA Chairman Nik Antona said: “Pubs matter and are a vital part of our communities. We are all looking forward to enjoying the social and wellbeing benefits of being back at the local – and enjoying a pint of delicious local cask beer.  

“It is vital that our pubs and clubs get as much support as possible over the coming weeks and months during this partial reopening. With outside-only alcohol sales and the onerous curfew, many pubs will struggle to make ends meet after an exceptionally difficult 13 months.  

“For those going back to the pub today as well as considering BYOB – ‘bring your own blanket’ – we’d like to ask pub goers to be patient and courteous with pub staff who are doing their jobs in difficult circumstances and with a few extra rules than we are used to when we visit our local.  

“For those pubs that can’t reopen yet, please do consider supporting them with take-home beer, cider and food until they can open their doors inside in a few weeks.”  

First Minister announces cautious easing of Level 4 restrictions

More people will be able to socialise outdoors following good progress in suppressing Coronavirus (COVID-19), the First Minister has announced.

Up to four adults from two households will be able to meet locally in any outdoor space, including in private gardens, for social and recreational purposes as well as exercise from Friday 12 March. People should only go indoors if it is essential in order to reach a back garden, or to go to the toilet.

Outdoor non-contact sports and group exercise will also resume for adults in groups of up to to 15 people from this date.

Young people aged 12 to 17 will be able to meet outdoors in groups of up to four people from four different households, participate in outdoor non-contact sports, and other organised activities in groups of up to 15 and travel across local authority boundaries to participate in such activities.

Should progress suppressing the virus continue, the Scottish Government intends to reopen places of worship with attendance limits increased from 20 to 50 where there is space for social distancing on Friday 26 March.

A final decision will be taken on Tuesday 23 March ahead of Passover, Easter, Ramadan and Vaisakhi.

First Minister Nicola Sturgeon said: “In recent weeks, we have seen a significant fall in new cases, deaths and hospital admissions, and the vaccination programme is progressing beyond our initial expectations. All of this is excellent news, and provides strong grounds for hope, but that hope must also be balanced by caution.

“The changes announced today, while modest, are important, and are designed to help people’s health and well-being by enabling group exercise and allowing more social interaction. They will also let children see more of their friends, and exercise and play more normally.

“With continued progress, we believe the reopening of places of worship can be achieved relatively safely, and will hopefully enable more people to draw strength, comfort and inspiration from acts of collective worship.

“I expect that further, more substantial changes will be possible in the weeks ahead, and I will set out as much detail as I can about that in Parliament next week. If the data allows us to relax more restrictions more quickly than we have previously indicated, we will not hesitate to do so.

“We all have a part to play in keeping case numbers down while the vaccinators do their work, children get back to school and we all take tentative but firm steps back to life as we once knew it, so please continue to stay within the rules and follow the FACTS advice.”

The easing has been welcomed by council leaders. Council Leader Adam McVey said: “This latest announcement is a clear sign that positive progress is being made in the fight against Covid.

“More people will be able to mix outdoors from Friday including young people meeting their friends, outdoor non-contact sport and organised group exercise, which will be allowed for 15 people, and up to 50 will be allowed to take part in communal worship.

“The First Minister announced that further easing of restrictions to help Scotland’s economy sector will be made public next week. It’s essential that our businesses are able to safely open again to resume a more normal version of trading and we very much hope that circumstances allow that to happen. We will of course make sure that we continue to support our local traders, as we have done since the start of this pandemic.

“It is critical that we all continue to follow the national guidance to keep our communities safe. There’s no doubt that by sticking to the rules we have all played our part in driving down infections with the numbers for Edinburgh at one of the lowest levels since Spring last year.

“We can’t afford to let our guard slip and start ignoring all the precautions we’ve been following so carefully in the past few months. It’s important to continue observing the restrictions that are still in place and all work together to follow this path out of lockdown safely.

Depute Leader Cammy Day said: “Today’s update for the latest lifting of restrictions is another positive step forward as we look to move out of lockdown towards some semblance of normality.

“Increasing the number of people who can meet up outdoors allows us to spend more time with loved ones and friends. It’s really good news that groups of four young people from different households will be able to meet as their wellbeing is so important. All our primary school pupils will be back next week and our high schools are preparing to welcome back pupils for face-to-face teaching as well.

“It’s essential that we observe this gradual, phased approach if we are to protect people’s health and safety while working towards the city’s successful recovery from the pandemic. We all want to keep the virus under control and everyone safe. The successful roll out of the vaccine programme and the fall in positive cases in Edinburgh is really welcome. However, right now our advice remains the same – stay at home and help to protect lives.”

The First Minister also announced a national silence on 23 March to mark the first anniversary of lockdown to remember all those who have lost their lives during the pandemic.

Further plans for easing restrictions on the economy and tourism industry will be announced next week.

Cheers! Local MP votes for fair deal for publicans

Lazarowicz supports clause to protect community pubs

drink[1]Mark Lazarowicz MP has voted to protect local publicans from the predatory practices of large pub owning companies (known as pubcos) by backing a new cross-party clause to the Small Business Bill earlier this week.

Following a report into the industry by the cross-party Business, Innovation and Skills Select Committee in 2010, Labour has campaigned alongside a broad coalition of groups in the industry – including the Federation of Small Businesses, the Forum of Private Business, CAMRA, FairPint and the GMB and UNITE trade unions – to call for greater protection for local pubs and put a stop to unfair treatment and restrictive practices by pubcos.

The government’s provisions to regulate pubcos in the Small Business Bill, debated in Parliament this week, but these fell some way short of Labour’s plans and campaigners’ demands. Labour therefore supported a cross-party clause to strengthen the Bill. The government opposed this change but were defeated by 284 votes to 269.

The North & Leith MP said: “27 pubs close every week and 57% of landlords who are tied to a large pubco earn less than £10,000 a year. These are scandals which must be addressed, and so I was proud to support the new clause which gives licensees the option of going free of tie – so that they can buy their beers on the open market – whenever they negotiate a new contract.

“This is the best way to ensure that large pub companies offer fair terms to their licensees and to finally address the scandal of so many valued community pubs shutting. The cooperation of the Scottish government will now be required for the proposals to be fully implemented in Scotland, and I hope that they will do this.”