Diverging trends in consumer spending - Watson’s W.I.F.I
Peter Watson from Watson’s W.I.F.I talks about diverging trends in consumer spending - drop in property purchases and the increase in food related spending. The divergence is evident from the horrible numbers released this week by Foxtons and stellar figures from Just Eat.
Also discussed in this segment is - Standard Life’s takeover of Aberdeen, Third term for PM Abe, China’s GDP target.
#Foxtons, #JustEat, #consumerspending, #UK, #macro, #business, #finance, #markets