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Explaining the impulse to spend, spend, spend

Article Abstract:

The savings ratio for British consumers fell from 16.4 percent of disposable income in 1979 to 4.3 percent by the end of 1987. This decrease in savings did help to increase economic growth and consumer spending. Possible reasons for the savings decline include: a reduction in the inflation rate, a strong rise in asset prices, and the sharp rise in stock share prices since 1979. The reasons behind the decrease in savings are not readily apparent. A gradual increase in savings is anticipated.

Author: Bird, Tony
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1988
Savings, Great Britain

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Healthy profits

Article Abstract:

The health food store industry in Great Britain has grown from 95 million pounds sterling in 1981 to 195 million pounds sterling in 1986. The reasons for this growth include growing consumer awareness and government-sponsored nutrition programs. The health food trade includes vitamins, dietary supplements and beauty preparations, as well as foods and beverages.

Author: Grundon, Valerie
Publisher: Institute of Chartered Accountants in England & Wales
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1988
Finance, Retail industry, Retail trade, Natural foods industry, Health foods industry

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Subjects list: United Kingdom, Economic aspects
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