Nightlife spending on the rise

Britons are currently spending an average of £59.40 (US$80) on a night out – an amount that is increasing year on year, according to the latest Deltic Night Index report.

The amount Brits spend on a night out has seen a year-on-year rise of 6.9%

The report by leisure company The Deltic Group analysed Brits’ spending habits on a night out between February and April 2018.

The results showed that more than half of Brits (56.4%) go out at least once a week, and the amount of money they are spending on these outings is growing by 6.9% (£3.84) year on year. Among 18-30-year-olds, the percentage of those who go for weekly nights out increases to 69.3%.

Spending in the pub remains a popular choice for drinkers with 26.3% of respondents saying this is where they spent the most money. However, clubs were most popular among 18-30-year-olds, with 25.5% saying they spent the most money there.

The report also found that 66.4% of students say they go out at least once a week, compared to 53.5% of those that work part time, and 37% of homemakers.

People living in Leeds were the most likely to go out (62.9%) while those living in Belfast were the least likely (45.3%).

Peter Marks, chief executive of The Deltic Group, said: “This Deltic Night Index shows what I have made it my mission to share: that a town’s late-night activity has a direct, positive effect on the economic health of the town or city it is in.

“I feel strongly that the closure of any late night venue is very rarely a positive thing for our towns and cities – no town has become busier or more successful because of a closure.”

As well as an increase in spending on a night out, the report found that the drinks industry has a positive impact on the high street.

The survey found that on average, consumers spend £17.56 getting ready for a night out with 82.9% of consumers saying they buy new clothes and 62.8% of respondents saying they pay for a haircut ahead of a night out.

The report also saw a 5% rise in the number of consumers who go on a night out with their partner, while the number of people who go out to “escape the stresses of day to day life” rose to 45.5%.