Cost-of-living crisis casts shadow over Black Friday in UK

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Cost-of-living crisis casts shadow over Black Friday in UK

STORY: Cost-of-living crisis casts shadow over Black Friday in UK DATELINE: Nov. 26, 2022 LENGTH: 00:01:31 LOCATION: London CATEGORY: SOCIETY SHOTLIST: 1. various of street view in London 2. SOUNDBITE 1 (English): LILY, British customer 3. SOUNDBITE 2 (English): Residents in London 4. various of shopping malls STORYLINE: Retailers in the UK usually experience high footfall in the Black Friday shopping frenzy. But this year, as surging prices have eroded real wages and reduced living standards, consumers tend to stay more cautious about their spending. SOUNDBITE 1 (English): LILY, British customer "Yeah, I mean for sure. I mean it definitely makes you hold on to your money a little bit more and all of them are reasons to still hold onto it and be a bit more cautious with what you're buying nowadays especially coming to Christmas and the extra cost you have to spend, for sure." SOUNDBITE 2 (English): Residents in London "Think twice about what you're gonna buy and what you're buying for people for Christm

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  • ILEA001064277
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  • 2022/11/26 00:00:00
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  • Xinhua / Kyodo News Images
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  • Xinhua News Agency.All Rights Reserved
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