Oasis fans splashing out on reunion tour tickets are giving economy a huge boost --[Reported by Umva mag]

OASIS fans splashing out on comeback tour tickets helped send the economy Supersonic last month. Spending on entertainment including concerts soared to a 14-month high as ten million punters tried to bag a prized spot at the Gallagher brothers’ shows. Oasis fans splashing out on comeback tickets helped send the economy Supersonic last month – giving the economy a 14.4 per cent boost in entertainment spending Manchester pair Noel, 57, and Liam, 52, will reunite after 15 years for 17 gigs next summer. Tickets sold out in hours, with both brothers tipped to rake in an estimated £50million. The record demand gave the economy a 14.4 per cent boost in entertainment spending, figures from Barclays show. It follows controversy over “dynamic” pricing – with ticket costs rising as demand soared. Both Oasis and sales site Ticketmaster were panned by customers, including TV host Dan Walker, after £150 standing tickets for the Wembley gigs rocketed to £350. Meanwhile, the Barclays survey revealed supermarkets were also on song — as discounts and the start of the school year triggered a 1.1 per cent rise in spending. There was a hit for Cigarettes & Alcohol – as takings at pubs and bars declined by 0.6 per cent after the summer hols ended. But cinemas were rocking with 18.2 per cent growth, thanks to blockbusters such as Ryan Reynolds’s Deadpool & Wolverine. Barclays head of retail Karen Johnson said that although shoppers remain cost-conscious, many “are also finding room for treats and little luxuries”.

Oct 7, 2024 - 20:51
Oasis fans splashing out on reunion tour tickets are giving economy a huge boost --[Reported by Umva mag]

OASIS fans splashing out on comeback tour tickets helped send the economy Supersonic last month.

Spending on entertainment including concerts soared to a 14-month high as ten million punters tried to bag a prized spot at the Gallagher brothers’ shows.

a person is holding a cell phone in front of an oasis poster
Oasis fans splashing out on comeback tickets helped send the economy Supersonic last month – giving the economy a 14.4 per cent boost in entertainment spending

Manchester pair Noel, 57, and Liam, 52, will reunite after 15 years for 17 gigs next summer.

Tickets sold out in hours, with both brothers tipped to rake in an estimated £50million.

The record demand gave the economy a 14.4 per cent boost in entertainment spending, figures from Barclays show.

It follows controversy over “dynamic” pricing – with ticket costs rising as demand soared.

Both Oasis and sales site Ticketmaster were panned by customers, including TV host Dan Walker, after £150 standing tickets for the Wembley gigs rocketed to £350.

Meanwhile, the Barclays survey revealed supermarkets were also on song — as discounts and the start of the school year triggered a 1.1 per cent rise in spending.

There was a hit for Cigarettes & Alcohol – as takings at pubs and bars declined by 0.6 per cent after the summer hols ended.

But cinemas were rocking with 18.2 per cent growth, thanks to blockbusters such as Ryan Reynolds’s Deadpool & Wolverine.

Barclays head of retail Karen Johnson said that although shoppers remain cost-conscious, many “are also finding room for treats and little luxuries”.






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