Spending, property, pensions and earnings
The switch from traditional spending to online shopping continues to gather pace as new figures show that high street sales fell last month for the fourth year running in favour of internet purchases. The BBC reports that online sales in December were 19 per cent higher than in 2015 while online orders increased in the week to 25 December by 51.1 per cent compared to the same week in the previous year. That’s according to BDO’s High Street Sales Tracker, which also found that consumers are splashing out more on home wares but less on fashion. Nevertheless, online sales account for about 15 per cent of all retail spending. Property The
