THE RETAIL BULLETIN - The home of retail news
Lest we forget
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
THE Retail Conference
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Asda finds spending power has dropped in every region of the UK

Asda has found that household disposable incomes fell in every UK region during the fourth quarter of 2022 compared with the same period a year earlier…. View Article

FOOD AND DRINK NEWS UK

Asda finds spending power has dropped in every region of the UK

Asda has found that household disposable incomes fell in every UK region during the fourth quarter of 2022 compared with the same period a year earlier.

Figures from the supermarket’s Income Tracker reveal that the amount households had to spend on themselves, after paying taxes and essential bills, fell by 11.4% year-on-year to an average of £209 per week.

Households in the South East experienced the biggest drop in disposable income which fell from a weekly average of £230 in 2021 to £186 in  2022.

Meanwhile Northern Ireland saw the largest fall in percentage terms, with disposable income falling by 27.6% year-on-year to an average of £93 per week to mark a seven-year low.

As the cost-of-living continues to bite, Asda has recently launched a new initiative where customers can cook seven evening meals for a family of four for under £20 using ingredients from its Just Essentials value range.

Subscribe For Retail News