Cheaper food and fuel boost British households' spending on luxuries

Report finds that in first three quarters of 2015 food, petrol and energy costs were all down year on year, and wages finally rose in real terms

Cheaper petrol and food left households with more money to spend on new cars, furniture and going out this year.

A new report into disposable incomes highlights how lower spending on essentials in 2015 meant Britons were able to buy more luxury items like jewellery and watches as well as spending more on their homes and gardens.

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