UK real income squeeze set to plunge consumers into recession
UK households face a severe squeeze on their finances this year and have limited scope to cushion the blow by saving less. As a result, we expect the consumer sector to drop into recession in H2 2022, although a recovery in real incomes next year should allow spending to rebound strongly.
Download our report to learn:
- When we expect the UK’s consumer sector to drop into recession
- How steep we expect the fall in real disposable income to be
- When we expect real income to recover
- Whether household savings could help cushion the blow
Related Posts
Post
Demographics are set to propel niche property types in the UK
As the UK population ages, time-use data suggest that the property sectors with structural tailwinds will be those that provide space for activities related to home entertainment, eating and drinking, socialising, events, leisure, hobbies, and sports/exercise.
Find Out More
Post
Amid disruption, what can US office learn from retail?
We examined the disruption of generative AI at the US county level. We identified several metros – Atlanta, Denver, New York, San Francisco, and Washington DC – that had at least one county with the highest percent of displaced workers from AI.
Find Out More