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,
been here before, haven t we? we have. it sjust that been here before, haven t we? we have. it s just that this time, it does feel as though this is much more of an inaudible position. we do normally city politicians seeing sense and say they want to avert a government shutdown, whereby hundreds of thousands of workers are either sent home without pay or actually even forced to work without pay, such as people at airport security, for example. this is very real. the republicans, who control the house, want to only improve approved an increase in the debt billing if there are massive spending cuts and the democrats don t want that we re at loggerheads and we need someone to move to prevent what could be a economic fallout. u, , what could be a economic fallout. , , fallout. of course the fact that this fallout. of course the fact that this is fallout. of course the fact that this is happening - fallout. of course the fact that this is happening at i fallout. of course the fact i