'Barbenheimer' boost as entertainment sector wins summer battle for consumers' wallets

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'Barbenheimer' boost as entertainment sector wins summer battle for consumers' wallets
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The theatrical releases of Barbie and Oppenheimer provided a major lift to cinemas and the leisure sector overall at the end of July and into August. But growth in spending elsewhere on the high street was dampened, figures suggest.

The theatrical releases of Barbie and Oppenheimer helped boost consumer spending on entertainment this summer, new figures show.

The bank said it contributed to entertainment sales overall during the period leaping 12% year-on-year - more than in any other sector in total - while the travel and beauty industries also reported strong growth.the two movies had a major impact on box office receipts in the UK However Barclays said consumer card spending during the period was up only 2.8% overall - down on the previous period's figure of 4% in late June and into mid-July.

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