Spending on 'booze, smoking and drugs' at record low
Eating out in restaurants and going on holiday replaces alcohol and cigarettes in British households
Britons are spending less money than ever on alcohol, tobacco and narcotics, official figures show.
"Weekly spending on booze, fags and narcotics fell" for the first time since records began in 2001-02, says The Guardian. In the 12 months to March 2016, Brits forked out an average of £11.40 a week.
The paper adds this partly reflects "the decline in the number of people who smoke".
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
When the Office for National Statistics first collected the figures, the average spend on these items was £20 per week, says the BBC [2].
Trends varied across the UK, with families in Scotland spending £8.90 a week on alcohol compared to the wider average of £7.80, says the BBC.
Scots also spent £4.90 a week on cigarettes, well above the £3 spent in Wales and £2.90 in England but below the £6.60 per week shelled out in Northern Ireland.
In place of smoking and drinking, people are now spending a greater share of their money on eating out and holidays.
Spending on restaurants and hotels rose above £45 a week on average for the first time in five years, says the Guardian, while a further £68 was spent on "recreation and culture".
Overall, spending adjusted to take account of inflation remained unchanged at £528.90 a week, the largest share going on transport and housing, at a combined total of £145.20.
"Households have still not fully recovered from the financial crisis, with family spending still below the levels seen before 2007," adds the Guardian.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
The real story behind the Stanford Prison Experiment
The Explainer 'Everything you think you know is wrong' about Philip Zimbardo's infamous prison simulation
By Tess Foley-Cox Published
-
Is it safe for refugees to return to Syria?
Talking Point European countries rapidly froze asylum claims after Assad's fall but Syrian refugees may have reason not to rush home
By Richard Windsor, The Week UK Published
-
Quiz of The Week: 14 - 20 December
Have you been paying attention to The Week's news?
By The Week Staff Published
-
Brits keeping 21 million ‘money secrets’ from friends and family, survey reveals
Speed Read Four in ten people admit staying quiet or telling fibs about debts or savings
By Joe Evans Last updated
-
London renters swap cramped flats for space in suburbia
Speed Read New figures show tenants are leaving Britain's cities and looking to upsize
By The Week Staff Published
-
Should the mortgage holiday scheme have been extended?
Speed Read Banks warn that some homeowners may struggle to repay additional debt
By The Week Staff Last updated
-
RBS offers coronavirus mortgage holidays
Speed Read Taxpayer-owned bank follows measures taken in virus-struck Italy
By The Week Staff Last updated
-
What are the changes to National Savings payouts?
Speed Read National Savings & Investments cuts dividends and prizes for bonds
By The Week Staff Published
-
China clears path to new digital currency
Speed Read Unlike other cryptocurrencies, Beijing’s would increase central control of the financial system
By Elliott Goat Last updated
-
Why are donations surging to the RNLI?
Speed Read Charity enjoys flood of funding after criticism for overseas work
By The Week Staff Last updated
-
PPI deadline day: how to claim
Speed Read Final chance for consumers to apply for compensation
By The Week Staff Published