Economy
90% of consumers intend to cut back spending, Grant Thornton finds
Across all households, the cost of living crisis is forecasted to wipe out £24.9bn of discretionary spending across the economy during this financial year
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2019/02/number-money-business-shopping-card-brand-1160020-pxhere.com_-e1550572016219-780x470.jpg?lossy=1&strip=1&webp=1)
New research from Grant Thornton and Retail Economics has revealed that almost 90% of UK consumers intend to cut back their spending on non-essentials over the year ahead.
You'll need to
subscribe to unlock this content. Already subscribed? Login?