Meet the doom-spenders: young consumers splashing the cash to blot out economic anxiety

From travel to new technology, more people are turning to their wallets to help fight off sense of global woes

Claire Hyland on doomspending

Have you recently spent money on a frivolous luxury to make yourself feel better despite all the warnings of economic doom and gloom?

This behaviour is known as “doom-spending”, and it’s more prevalent than you might think.