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,
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
and someone has got his christmas jumper. and someone has got his christmas um er. . and someone has got his christmas umer. . . v and someone has got his christmas umer. , . , , , and someone has got his christmas umer. , , , , jumper. yes, that s expensive. he s so into things. jumper. yes, that s expensive. he s so into things, when jumper. yes, that s expensive. he s so into things, when he jumper. yes, that s expensive. he s so into things, when he gets - so into things, when he gets involved. he so into things, when he gets involved- so into things, when he gets involved. , ., , , , involved. he is lovely. he s funny as well. involved. he is lovely. he s funny as well- and involved. he is lovely. he s funny as well. and the involved. he is lovely. he s funny as well. and the thing involved. he is lovely. he s funny as well. and the thing is that i involved. he is lovely. he s funny as well. and the thing is that a i as well. and the thing is that a tropicana
force has been good. i used to relying on force has been good. i used to relying on labour, force has been good. i used to relying on labour, seasonal. relying on labour, seasonal labour, from outside the uk? some of it. all of it is coming in legally, we need it. some of it now is british or in a particular case scottish. despite the fact that it is a tough christmas for households, everything is going up in price, you should have a bumper year as usual? hat price, you should have a bumper year as usual? year as usual? not sure about bum er year as usual? not sure about bumper year- year as usual? not sure about bumper year. certainly - year as usual? not sure about bumper year. certainly our i year as usual? not sure about. bumper year. certainly our year looks like it will be in line with their we would have hoped it to be and pretty much on a level with what we have seen over the last three or four years. pl, over the last three or four ears. . ~ over the last three or fo
believe all costs, though still ticket. i believe that is highly competent is rishi sunak and he is really difficult rishi sunak and he is really difficultjob generally rishi sunak and he is really difficult job generally in terms of the £400 billion spent of the pandemic and a rising interest rate environment, he has no easy choices it s really environment, he has no easy choices it s really hard and he s acutely aware it s really hard and he s acutely aware that the spells danger for the party because people are suffering i’i l ht party because people are suffering right now party because people are suffering right now. it s really tough out there right now. it s really tough out there l right now. it s really tough out there. ~ ., ,, , ., , there. i think that susie was lau~ahin there. i think that susie was laughing at there. i think that susie was laughing at you there. i think that susie was laughing at you when - there. i think that susie was laughing at you