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Country Briefing
Income and Expenditure: United Kingdom
9 pages, May 2018
US$250Added to Cart
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About This Report
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Growth in per capita gross income and consumer expenditure in the United Kingdom (UK) will continue to remain subdued, plagued by economic uncertainties surrounding Brexit. A weakening economy and slow wage rises will also fuel the expansion of the lowest-income segment through to 2030, resulting in a growing income gap and polarising the country’s consumer market. Nevertheless, households’ discretionary spending power is set to increase gradually, creating more opportunities for businesses.
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Overview
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
Country Briefings examine market potential, economic and consumer trends in major topics impacting each country.
There are four major subjects covered in each series:
- Business Environment
- Income & Expenditure
- Risks & Vulnerabilities
- Technology, Communications & Media
The briefings cover 85 countries and identify topics of crucial interest to planners, marketers and researchers:
We spotlight key trends within the topic and analyse the implications intelligently
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Income and Expenditure: United Kingdom
PROSPECTS
Chart 1 SWOT Analysis: The UKGROSS INCOME BY AGE
The 65+ age cohort is most prevalent among the highest-income earners
Chart 2 Gross Income Distribution in the UKSOCIAL CLASS COMPOSITION
Social class E sets to expand the fastest
Chart 3 Case Study on Social Class Composition: The UKChart 4 Overview of the UK’s Social Classes
HOUSEHOLD INCOME DISTRIBUTION
Income inequality is rising
Chart 5 Household Income Distribution in the UKCONSUMER EXPENDITURE BY CATEGORY
Education remains the fastest-growing spending category
Chart 6 Consumer Spending in the UKCONSUMER EXPENDITURE BY REGION
London remains the most attractive consumer market
Chart 7 The UK’s Consumer Market by RegionCONSUMER EXPENDITURE BY INCOME
Education is the most discretionary spending category
Chart 8 Case Study on Consumer Expenditure by Income: The UKChart 9 Consumer Spending by Income Type in the UK
CONSUMER EXPENDITURE BY HOUSEHOLD TYPE
Couples with children make up one third of the UK consumer market
Chart 10 Spending by Household Type in the UKSCENARIO ANALYSIS
Chart 11 Impact of No-Deal Brexit on Income-Wealth Distribution in the UK: 2017-2030Chart 12 Impact of No-Deal Brexit on Middle Income Segment’s Spending by Category: 2017-2030
Why buy this report?
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.