Family Spending Levels Fall for First Time Since 2001

Daily PostDecember 01, 2010

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Summary


HOUSEHOLD spending in the UK has fallen for the first time in almost a decade, the Office for National Statistics said yesterday.

Family Spending, the annual report from the ONS, found that in 2009 the average weekly household spend was pounds 455, down from pounds 471 in 2008.

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Family Spending Levels Fall for First Time Since 2001

The drop, the first since the current system of measuring was introduced in 2001-02, coincided with the global econom...

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