Credit, debit card spending in Britain dips in week by 5 percent
July 31, 2021
Finance

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

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.

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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