Q1 is marked by winter weather and a period of recovery from a busier social life and increased spending during the holiday season.
Usually, we prefer to be at home. Barclays reported that this year there were spending increases across home entertainment, such as streaming services, and online shopping, which filtered into getting the takeaways in.
There was also a slight increase in hospitality spend in January. People might have been making the most of the seasonal ‘Veganuary’ dishes that pop up, or staying strong with Dry January through a selection of non-alcoholic drinks.