The Wiggins effect takes hold as the UK gets in gear for The Olympic Games |

Mary Macleod | Injustice in Downton Abbey. Why women should have equal rights to peerages
- 06:11
- ConservativeHome Platfo...
Gaby Hinsliff | Tories will now obv divide over whether bad polling means 1.gay marriage toxic 2...
- 23:00
- Gaby Hinsliff
Tom Clark | This "back to boom" stock market stuff is rubbish - cumulative inflation has bee...
- 22:56
- Tom Clark
Jim Murphy | Just watched Panorama on Hillsborough on iplayer. It's the most upsetting thing ...
- 22:53
- Jim Murphy
Nadine Dorries | So, we dropped to 27 points in tonight's polls. That gay marriage thing is reall...
- 22:44
- Nadine Dorries
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours
PoliticsHome | Only the latest five entries on the PhiWire are visible to non-subscribers
- Sign up to see last 24 hours

The Wiggins effect takes hold as the UK gets in gear for The Olympic Games

VISA press release

As the eyes of the world turn to London this week, the UK is already embracing sporting fever following Bradley Wiggins’ historic victory in the Tour de France. Bicycle shops, sales and services – a traditionally flat sector - enjoyed a 6.3% rise in spending week on week, whilst rising 5.1% year on year, according to the Visa London 2012 Games Spend Tracker.

Spending by international visitors in the UK on Visa cards increased 5.1% year on year, totaling £464.1m during the week. Categories like tourist attractions and exhibitions (up 13.2% year on year) and tickets and theatres (up 53% year on year) indicate visitors are taking in the sites and perhaps taking advantage of the Cultural Olympiad ahead of The Games beginning on Friday.

Visitors from the USA spent £56.4m on their Visa cards in the UK last week making them the top country in terms of overall spending. When it comes to average transaction values, visitors from China spent £198.56 per transaction, over three times the amount spent by American visitors (£59.60).

Domestic spending rebounded slightly week on week, with an increase of 0.2%. This domestic growth was driven by spending on clothes & footwear and hotels & restaurants, which benefitted from increases of 1.2% and 4.2% respectively.

Phi Wire Hand Picked Politics - Live

PoliticsHome. All Todays Politics In One Place

Press Release

Press Releases