UK Ethical Spending Increasing Despite Retail Brands' ‘Disappointing’ Trading Performances
by Sangeeta Haindl
One source of optimism today comes from confirmation that the U.K. economic downturn has not dented people's desire to reduce their impact on the environment or spend on ethical products, in spite of some big U.K. retail brands recently announcing ‘disappointing’ trading performances. According to the Ethical Consumer Markets Report published by Ethical Consumer magazine and Triodos Bank, ethical spending has continued to grow despite difficult market conditions. The value of ethical sales grew by eight percent in a period when inflation barely rose above 0.5 percent.
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Sangeeta Haindl writes on women and children; social innovation; social enterprise and social entrepreneurs. She is the founder of Serendipity PR, in London, U.K., where she works with high-profile brands and organizations in the public, non-profit, and corporate sectors, winning awards for her work from the communications industry. She is chairman of and director of London's leading conscious well-being organisation, Alternatives, which hosts leading speakers such as Eckhart Tolle, Deepak Chopra, Marianne Williamson, Neale Donald Walsch and many other well-known names. She describes herself as a Spiritual Entrepreneur, Conscious Explorer; enjoying helping others, paying it forward and being a mum.