86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
Published
Jan 5, 2022
Download
Download the article
Print
Text size

​Household borrowing leapt in November as UK consumers spent big on credit cards

Published
Jan 5, 2022

It appears Britons were either preparing for a bumper Christmas season or offsetting rising prices as borrowing in November, especially on credit cards, jumped to its highest level since July 2020.


Archivo


With lathe previous year’s festive season a washout due to coronavirus lockdowns, it seems many UK households were determined to make 2021’s Christmas special as net consumer credit rose by £1.23 billion, above the £800 million predicted by economists, according to the latest credit conditions survey by the Bank of England (BoE). 

The largest portion of the growth came from an extra £900 million of borrowing on credit cards.

People who did their Christmas shopping early amid fears of supply shortages are thought to have contributed to the unexpected rise of 1.4% in November’s retail volumes.
There was also a dramatic reduction in savings growth, with household deposit accounts cut to £4.5 billion in November, from an average over the previous 12 months of £11.2 billion.

Analysts said this either reflected confidence among some consumers to spend a higher proportion of their income or showed others on lower incomes were reducing savings to cover higher bills.

Although the rise in borrowing added to data indicating that the economy picked up in the middle of the fourth quarter, the latest figures did pre-date the surge in cases of the Omicron Covid variant.

Copyright © 2024 FashionNetwork.com All rights reserved.