Tourists leading Christmas shopping spending in UK... and it's the Chinese who splash most of the cash
A pre-Christmas splurge by rich tourists could save what has been a 'suffering' year for international spending in Britain, according to a new report.
Analysts forecast China and Middle Eastern nations to lead the Christmas shopping spree with Chinese tourists still the biggest spenders in Britain.
VisitBritain's figures show visitor numbers have seen the biggest growth in the fourth quarter over the last five years, while Global Blue reported soaring growth in spending of 16 per cent year-on-year for the final quarter of 2013.
Figures for the first 10 months of this year show China and Middle Eastern nations have remained strong as the highest spenders, with China representing 25 per cent of total spend, a five per increase on the previous year,, followed by Kuwait (eight per cent), Saudi Arabia (seven per cent) and Qatar (six per cent).