ONS to host live Q&A on household spending today

News

  • Author: Statistics Views
  • Date: 05 December 2012
  • Copyright: Photograph appears courtesy of iStock Photo

The Office for National Statistics will today be hosting a live Q&A further to the release of data with regards to household spending. The Q&A will take place at 2pm today.

thumbnail image: ONS to host live Q&A on household spending today

Research found that the London and South East of the UK has the vast majority of richest households, perhaps to be expected with London and Oxford the two most expensive places to live in the UK and that 10% of these households hold over 40% of the wealth in the UK. East England, Northern Ireland and the South West followed, with the lowest expenditure found in Yorkshire and the Humber, the North East and Wales.

During 2011, the average weekly spend of a household rose to £483.60, an increase of £10 compared to 2010 and the highest yet recorded. The largest expense was on transport, averaging at £65.70 a week which has increased by 80p compared to 2010. The lowest income group spent their household income on housing, petrol, electricity and gas bills, food and non-alcoholic drinks.

Further details are available at: http://www.ons.gov.uk/ons/rel/family-spending/family-spending/family-spending-2012-edition/index.html  

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