United Kingdom Food and Drink Report Q2 2014

United Kingdom Food and Drink Report Q2 2014

Published: March 2014
Publisher: BMI Research
Product ref: 196361
Pages: 189
Format: PDF
Delivery: Immediate download

Forward this to a colleague

Price: $1295.00

Don't worry. No payment is taken yet

BMI View: The UK economy will set the pace for growth in Europe this year. Given the strength of recent growth numbers and the continued slew of positive macro data, we have revised up our 2014 growth forecast to 2.1% from 1.8% previously. However, we continue to warn that without a robust recovery in wages and business spending, the current rebound is at risk of losing momentum.

Despite revising up our forecasts, we continue to warn that the current growth rebound is built on weak foundations. For the time being the driving force behind the recovery has been an increase in consumer spending, which has been encouraged by rising property prices in London and other localised areas of strong property demand. Given that wages have failed to make much headway in recent quarters, the increase in consumer spending has been paid for out of already low household savings and an increase in unsecured debt. If wages fail to pickup, the current consumer-driven burst in growth could quickly dissipate, unless retail lenders are willing to take on much more risk.

Price: $1295.00

Don't worry. No payment is taken yet

Need help before you order?

+44 (0)1527 573 618

9:00am - 5:30pm Mon - Fri

Related research categories

By sector: General drinks

By market: United Kingdom (in Europe)

Not found what you were looking for?

Or contact our research team

We want to meet your research requirements. Let us know what you need, how to contact you and we will do the rest.

How do you want to be contacted?

Phone callback (one working day)

For enhanced security, please complete the following sum:

4 + 9 =

just-drinks homepage

Forgot your password?