The latest Bank of Ireland Spending Pulse, which analyses debit and credit card spending, has highlighted the economic impact of Taylor Swift's three-day run of concerts in Dublin last weekend
Taylor Swift ’s three Dublin concerts created a huge surge in spending in the capital, according to a new survey.
Meanwhile, total social spending across Dublin in pubs, restaurants and fast food rose 13 per cent compared to the previous weekend. "We have witnessed the impact of 'Swiftonomics' across cities worldwide, and Taylor’s Eras Tour coming to Dublin was unlikely to make her an 'Anti-Hero' amongst business owners. A capital city event becoming the focus of national attention shows the range of her appeal, and the latest card spending insights reveal that her fans embraced the occasion and splashed out accordingly.
Overall retail footfall increased in Scotland by 0.2 per cent in June year-on-year, up from minus 5.4 per cent in May, described as "significantly higher" than the UK average decrease of 2.3 per cent year-on-year. "A welcome combination of concerts, events and the Euros offset the cool weather to encourage Scots to visit retail destinations."After a difficult run, Glasgow saw its first increase in footfall this year with a 2.2 per cent increase, hopefully a sign that a stronger summer performance may be ahead after a difficult first half of 2024.
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