Business · Economy · 1 day ago

UK subscription spending is growing faster than spending on other goods and services

UK subscription spending is growing faster than spending on other goods and services

Research finds that spending on subscriptions in the UK is growing faster than spending on other goods and services.

Subscriptions are services or products people pay for on a recurring basis.

Spending on subscriptions for health technology and pet food is increasing especially quickly.

The findings point to a shift in how UK consumers are spending their money.

The research does not give figures or explain what is driving the increase.

It also does not say what may happen next.

Sources

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