How Brits are spending and saving on weddings in 2023
New data from Barclays reveals how macro trends such as the cost-of-living crisis, inflation, and social media pressures are impacting weddings in 2023. The report combines proprietary spending data with a survey of 1,000 newlyweds and people engaged to be married to determine this year's top wedding trends and cost-saving behaviours. Two fifths (38 per cent) of newlyweds, and brides- and grooms-to-be are going over budget on their special day, with most of these couples citing the rising cost-of-living (51 per cent) and suppliers being more expensive than they anticipated (44 per cent) as the reasons for this increased spend.