Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Harrow School
£13.71 per hour
Harrow, London
Everyone Active
Competitive rates of pay
South Oxhey Leisure Centre, Watford
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands

Consumer confidence rises as people 'eagerly await' reopenings

Job opportunities
Harrow School
£13.71 per hour
location: Harrow, London, United Kingdom
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
location: Luton, United Kingdom
Exeter City Council
£40,221 - £42,403pa + pension + benefits
location: Exeter, United Kingdom
more jobs

UK consumer confidence has improved significantly since the beginning of the lockdown, with a fifth of households now thinking they will be better off in the next 12 months.

PwC’s June 2020 Consumer Sentiment Survey, puts overall confidence at -11, a huge improvement on the -26 figure recorded at the start of the lockdown in March.

Those aged between 18 and 24 are the most optimistic (+24) while the 45-64 year-olds are the most pessimistic (-24).

While sentiment remains below a post-election high of +3 at the end of 2019, it is still higher than during the 2008-09 recession and the 2011-13 austerity period.

Encouragingly, PwC’s May survey also showed that the majority of households have, to date, been unaffected financially, with government stimulus cushioning the blow for many – and one in five are even saving money.

The survey also gives cause for optimism to the UK's battered leisure sector, as it suggests that consumers are eagerly waiting for the reopening of leisure businesses from 4 July onwards.

With disposable income not being a current concern for most consumers, the survey points to a "bumper turnout" for some businesses.

When asked if they were missing their regular activities, nearly a third of gym goers (30 per cent) said they missed it "a lot" – with those aged between 25 and 34 particularly eager to get back to the gym (43 per cent).

Encouragingly for the fitness sector, gyms came on top as the activity people would be prepared to return to ‘immediately’ (17 per cent), while air travel was the activity with the least amount (7 per cent) of "immediate returnees".

Of those aged between 25 and 34, almost a quarter said they’ll be at the gym on reopening day.

“The reopening could not have come at a better time," said Lisa Hooker, consumer markets leader of industry at PwC.

"For the moment, consumers still have money to spend and are missing their favourite activities.

"For the gym sector, there’s a hardcore base of customers who can’t wait to come back.

"There’s every opportunity for operators to maximise consumer willingness to spend through the summer once they are safely able to open.

“However, the future may see increased risks of unemployment affecting consumer sentiment and further virus outbreaks causing restrictions to be tightened.

"This will favour those businesses that are better prepared, through embedding longer-term resilience, capitalising on emerging consumer trends and embracing new business models.”

• To read the full PwC report, click here.

Sign up for FREE ezines & magazines
UK consumer confidence has improved significantly since the beginning of the lockdown, with a fifth of households now thinking they will be better off in the next 12 months.
SAR,PAC,PLY,WAT,SWM,ASW,LCT,HAF,FIT,IND,PTS,RES,PUB
2020/THUMB345829_596712_960665.jpg

More News

1 - 15 of 67,884
23 Apr 2024
Six Senses Kyoto opens its doors today, marking the eco-luxury hotel and spa operator’s entry into Japan and a new addition to its urban collection. ... More
23 Apr 2024
With the launch of its 49th John Reed, RSG Group is looking for more opportunities for its high-end brand in the US and Europe. Cosmopolitan ... More
23 Apr 2024
PureGym saw revenues rise by 15 per cent in 2023, with the company announcing plans to develop 200 new clubs in the next three to ... More
23 Apr 2024
The UAE’s first-ever Dior Spa has officially launched at The Lana, Dubai – the Dorchester Collection’s debut property in the Middle East. Bathed in natural ... More
22 Apr 2024
The Sacred River Spa at Four Seasons Resort Bali at Sayan will reopen later this year with an all-new design plus enhanced treatments and experiences ... More
22 Apr 2024
Following three disrupted lockdown years, the European fitness market bounced back in 2023, according to Deloitte and EuropeActive’s hot off the press European Health & ... More
21 Apr 2024
Charitable trust, Mytime Active, has removed all single-use plastic overshoes from its swimming pools and leisure centres, as part of ongoing sustainability efforts. Across the ... More
21 Apr 2024
Community Leisure UK is helping the drive to Net Zero with the launch of a bespoke carbon literacy course. Offered in partnership with the Workers' ... More
20 Apr 2024
Operator Circadian Trust has launched a five-year growth drive designed to support health and wellbeing across South Gloucestershire, UK. The initiative will see a £2.4m ... More
19 Apr 2024
Norwegian health club operator, Treningshelse Holding, which owns the Aktiv365 and Family Sports Club fitness chains, has acquired fellow Norwegian operator, Aktiv Trening. The purchase ... More
19 Apr 2024
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in support of ... More
18 Apr 2024
Atlanta-based boutique fitness software company, Xplor Mariana Tek, has kicked off a push for international expansion. Shannon Tracey, VP of sales and marketing, says the ... More
18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the organisation's recent report ... More
18 Apr 2024
The fitness sector’s pivot to active wellbeing is being discussed in a new weekly podcast, called The Conveners, and hosted by chair of GM Active ... More
19 Apr 2024
UK sauna enthusiasts will converge at Galgorm Resort in Northern Ireland next week for the highly anticipated second annual UK Aufguss Championships. Hosted from 22-24, ... More
1 - 15 of 67,884
Technogym
Technogym