Bumper box office takings, strong trade in pubs and a rush for winter clothes drove a solid rise in consumer spending last month, according to new figures. But it warned the trend of solid spending growth could soon fizzle out as households worry about inflation. Hotel spending rose 11.2% as Britons faced unfavourable exchange rates when travelling abroad. Cinema spending rose a record 20.9% on a year earlier. Spending rose 4% on a year ago following a 1.8% drop in September.

Source: The Guardian November 08, 2016 06:00 UTC