Pub visits rocketed in the past year as Britons celebrated Brexit, new figures revealed today
The number of people enjoying a drink at their local rose 12.5 per cent in the year to March, according to data from Barclaycard.
Experts said the figures showed that people had a renewed confidence in the UK economy following the vote to leave the EU in June last year.
The stats showed the proportion of people who were confident in the UK economy rose to 41 per cent, the second highest level recorded in the past 12 months.
March was an especially strong month for the eating and drinking-out sector
Robust growth in spending on 'nice to haves' suggests consumers are still willing to treat themselves
March was an especially strong month for the eating and drinking-out sector, said Barclaycard.
Entertainment spending was up 11.6 per cent, visits to pubs increased by 12.5 per cent and spending in restaurants was up 12.2 per cent.
The figures covered the year to March 2017, compared to the previous year.
People had a renewed confidence in the UK economy following the vote last year, experts say
The figures revealed that 70 per cent of consumers are confident in their household finances, with 57 per cent feeling confident to spend more on non-essential items, like nights out.
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Paul Lockstone, managing director of Barclaycard, said: “Robust growth in spending on 'nice to haves' suggests consumers are still willing to treat themselves, especially on experiences with friends and family.”
Brexit: Results of how the UK voted Mon, March 20, 2017
Much of the North East of the United Kingdom voted to leave the European Union including Sunderland, Gateshead, Darlington, Durham, Hartlepool, Middlesbrough, Stockton, Redcar and Cleveland, North Tyneside and South Tyneside, and Northumberland
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GREAT YARMOUTH: The town of Great Yarmouth on the East Coast of England voted by 72% to leave the European Union.
However, the data showed more than half of the 2,000 people questioned were worried about the cost of day to day items.
Three in four people said the weekly grocery shop had become more expensive, making them worried about rising prices in future.
Looking ahead, six in 10 people said they expected to make changes to how and where they spend their money during the second half of 2017.