TITLE

UK CONSUMERS BUY LOW VALUE GADGETS AND GIZMOS

PUB. DATE
November 2008
SOURCE
Worldwide Biotech;Nov2008, Vol. 20 Issue 11, Special section p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the credit crunch has not stopped consumers in Great Britain from purchasing lower value gadgets and electrical products, according to a cashback shopping Website froggybank.co.uk which analyzed the spending habits of the half a million members of its cashback network from July to September 2008. The study found that lower value electrical items show a recovery in sales when compared to two or three months ago. It also found that contract mobile phone sales have increased by 6% compared to last year.
ACCESSION #
34959894

 

Related Articles

  • Consumer Crater. Terris, Harry // American Banker;5/26/2010, Vol. 175 Issue 81, p9 

    The article discusses the decrease in U.S. consumer credit relative to the scale the U.S. economic crises during the years 1975, 1980, 1991, 2001, and 2007.

  • Ticking Time Bomb of Household and PF Debts. Kim Jung-sik // Korea Focus;Summer2011, Vol. 19 Issue 2, p18 

    The article discusses the issue of household debts and personal finance debts in the financial industry of Korea. As stated, Korea can be dragged into another financial crisis if the prolonged real estate slump and rising interest rates sour the loans. As stated, the most important policy task...

  • South Korea's overburdened consumers.  // Market: Asia Pacific;Sep2004, Vol. 13 Issue 9, p5 

    Discusses the increasing consumer credit in South Korea from 2002 to 2004. Effect of the trend on the local sales of the top automobile makers in the country; Devaluation of the South Korean currency; Factors that contributed to the decline in household spending.

  • AVOIDING 'WHAT IF?'. Marranca, Sal // Independent Banker;Nov2011, Issue 11, p9 

    The article presents the author's views on the role of community banks in fighting against the financial crises in the U.S. He states that it is very important to make customers, directors, and staff aware about the institutional preference to community banks ahead of Wall Street megabanks or...

  • Getting the facts straight. Berkley, Leigh // Credit Management;May2009, p24 

    The article focuses on the debt sale and purchase condition in Great Britain amidst the financial crisis. It mentions the efforts of the Debt Buyers and Seller's Group (DBSG) in disseminating debt information and the issue of debt selling. However, it elucidates the misinterpretation of the said...

  • Debt problems boost insolvencies.  // Accountancy;Dec2002, Vol. 130 Issue 1312, p28 

    It is reported that third quarter insolvency figures published by the government suggested businesses might be at risk from rising consumer debt and individual bankruptcies as of the year 2002. Corporate insolvencies during third quarter of 2002 rose 3,873, up 5.2% on the same period in 2001,...

  • Opportunities in a Shifting Payments Landscape. Landis, Ted; O'Connell, Barry // American Banker;12/15/2009, Vol. 174 Issue 222, special section p7 

    The author suggests that credit card issuers will have to offer innovative credit and debit products to find new revenue streams in the wake of the financial crisis. He suggests debt management features built into credit cards as one example. He mentions other strategies including adapting to...

  • MPPI selling is not a level playing field.  // Mortgage Strategy;11/14/2005, p3 

    Focuses on payment protection insurance in protecting borrowers from financial hardship in the U.S. Criticism of consumer groups that the said insurance is over-priced and provided marginal benefit; Problems related to the insurance; Advice for brokers to let their clients understand the...

  • 'Good credit score helps get better loan deals'.  // Money Today;Jul2011, p19 

    This article presents an interview with Arun Thukral, managing director of the Credit Information Bureau (India) Ltd. (CIBIL), on how both lenders and borrowers can benefit from the bureau's work and the initiatives in the pipeline. Thukral discusses the main functions of credit bureaus. He...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics