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Credit, debit card spending in Britain dips in the week by 5 percent

Editorial Bureau by Editorial Bureau
May 23, 2023
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Credit, debit card spending in Britain dips in the week by 5 percent
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LONDON (UK) – According to data published by the country’s statistics office, consumer spending on credit and debit cards in Britain fell by 5 percentage points in the week to July 15 from the week before.

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Aggregate credit and debit card spending, based on data from payment processors provided by the Bank of England, fell to 92% of its February 2020 average level, the Office for National Statistics said.

The volume of online job adverts rose and by July 16 it was at 130% of its February 2020 average level.

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