Sport-obsessed Britons to boost economy by £230m

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By City & Finance Reporter

Updated:

The Euros and the Olympics will deliver a £233m boost to the UK economy, according to a forecast.

Experts at credit score firm Experian predict a spending surge among fans going out to pubs as well as those stocking up on drinks and food for gatherings at home.

Some are also expected to purchase new television sets to keep up with the action. 

Boost: Experts at credit score firm Experian predict a spending surge among fans going out to pubs as well as those stocking up on drinks and food for gatherings at home

The analysis assessed the impact of Euro 2024 and the Olympics on Britain’s retail and food and drink sectors over the next three months.

Mohammed Chaudhri, of Experian, said: ‘We’re a sport-obsessed nation and our data analysis shows fans are more than happy to spend.’ 

Experian used data from the Office for National Statistics on previous tournaments and Games.

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