LONDON/LAHORE – Almost three in 10 UK consumers plan to spend less in the festive period this year than last year, reflecting the impact of the ongoing cost-of-living crisis, according to survey data published by Deloitte on Tuesday, says Reuters in a report.
It is a stark reminder who things have gotten uglier for the low-income groups around the world, including Pakistan. According to Reuters, Deloitte said many UK consumers are looking to spread their spending across the quarter, with 32pc saying they will buy most of their gifts in November, making the most of Black Friday and Cyber Monday promotions.
"The Black Friday and Cyber Monday weekend promotions are critical for retailers, and we expect overall spending to increase again this year as consumers try to make the most of the available sales on offer," Oliver Vernon-Harcourt, head of retail at Deloitte, said.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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