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Transcripts For BBCNEWS World 20240706

business stories. i m sally bundock. we start here in the uk, and what else but the coronation of his majesty king charles? as we ve been hearing, it s been an historic weekend, from the pomp and pageantry and a bit of rain on saturday to a day of street parties and a night of fantastic music to round off the celebrations. all driving some serious weekend spending, predicted by retailers to be worth something in the region of almost £1.8 billion. but as many continue to struggle with the current high cost of living, how long can the spending optimism last? katrina bishop is from consumer research company niq. let s talk this through. katrina, a warm welcome to you. morning. katrina, a warm welcome to you. morninu. ., . , , . morning. for many sectors in the uk that morning. for many sectors in the uk that have morning. for many sectors in the uk that have been - the uk that have been struggling, like hospitality, this was a huge boost, wasn t it? it this was a huge boost,

Transcripts for BBCNEWS World Business Report 20240604 04:33:00

disposable income is being squeezed so what they are spending one week will have to be taken away the next. but like i said, they are becoming more savvy, shopping around, shopping across retailers and managing their budgets to compensate. managing their budgets to compensate. managing their budgets to com ensate. ., ., my managing their budgets to comensate. ., ., , compensate. the month of may is a bum er compensate. the month of may is a bumper month compensate. the month of may is a bumper month for compensate. the month of may is a bumper month for the compensate. the month of may is a bumper month for the uk - a bumper month for the uk economy because we ve had the coronation but now it s your vision as well in liverpool. that city will be obviously full of people already in advance of this weekend s competition eurovision. that again is bringing a massive boost, isn t it? we again is bringing a massive boost, isn t it? again is bringing a massive boost, isn t it? we wo

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