5 Killer Stats

Down £10,000

UK average property prices

There may be some festive cheer for those wanting to buy a house. Online estate agents Rightmove reported this week that the average price of new properties coming onto the market had fallen by £10,000 over the last two months. The market usually sees discounting before Christmas, but recent moves – down 1.5% in the last month alone – have been bigger than usual.
Down £10,000

£2.4 billion

Bank income from overdrafts

The Financial Conduct Authority has this week announced a clamp down on the overdraft fees charged by banks. The regulator says that last year alone, customers paid £2.4 billion for the privilege and 30% of that money came from unauthorised overdrafts. However the change could mean customers using overdrafts responsibly end up paying higher rates of interest.
£2.4 billion

90

Feature films from Netflix next year

The streaming video company has said that it plans to increase it’s own output to 90 movies a year, that’s almost triple the output of it’s biggest legacy studio rivals. Netflix is having to keep generating fresh content in a bid both to sustain it’s current audience and recruit new subscribers, but with budgets for each film set between $20 million and $200 million, this is far from cheap.

90

Up 1.4%

UK retail sales in November

There has been no shortage of gloomy news from the retail sector of late, but sales figures for November were released this week, showing some cause for cheer. Black Friday helped deliver an 11% increase in the sales of electrical goods, whilst the proportion of online sales broke above 20% for the first time ever.
Up 1.4%

215 tonnes

Santa’s mince pie quota

British government data from 2017 showed that there were 7,983,000 families with dependent children living in the country. Assuming 2.4 kids per family, if each family leaves out one 65g mince pie plus a 25ml glass of sherry, Santa will be eating his way through 215,000kgs of festive food and slurping his way through enough drink to fill around 1,000 standard bathtubs in the UK alone next week…
215 tonnes

For information purposes only, not intended to constitute financial advice from us. The customer should assess the risk of  potential loss carefully and individually before investing in any financial products. Dabbl Group Limited is authorised by the FCA under the reference numbers 767263 as an appointed representative of its Principal firm VIBHS Financial Ltd, which is authorised and regulated by the Financial Conduct Authority under the reference number 613381.