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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/11/household-spending-down-amid-slump.jpg"><img class="alignnone size-full" title="Household spending has fallen for the first time in almost a decade" src="http://londonglossy.com/wp-content/uploads/2010/11/min-household-spending-down-amid-slump.jpg" alt="Household spending has fallen for the first time in almost a decade"/></a></p>
<p>UK household spending has fallen for the first time in almost a decade, the Office for National Statistics has said.</p>
<p>Family Spending, the annual report from the ONS, found that in 2009 the average weekly household spend was £455, down from £471 in 2008.</p>
<p>The drop, the first since the current system of measuring was introduced in 2001-02, coincided with the global economic slowdown.</p>
<p>Giles Horsfield, ONS statistician and editor of the report, said higher expenditure on some housing related costs such as rent, electricity and gas was offset by lower spending on mortgages.</p>
<p>He added: &#8220;It&#8217;s interesting to note that expenditure fell again on clothing which took it to a record low under current methods, for the third year in a row.</p>
<p>&#8220;Spending also fell on household goods and package holidays, but held up on sports admissions, cinema, theatre and concerts.&#8221;</p>
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