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UK card spending slips to 93% of pre-COVID level – ONS – Metro US

UK card spending slips to 93% of pre-COVID level – ONS

FILE PHOTO: Shoppers crossing the road in Oxford Street, in
FILE PHOTO: Shoppers crossing the road in Oxford Street, in London

LONDON (Reuters) – British consumer spending on payment cards slipped to 93% of its pre-COVID level last week, compared with 94% a week earlier, the Office for National Statistics said on Thursday.

The ONS also said a net 22% of businesses reported a decrease in turnover in late August compared with normal for the time of year.

(Reporting by Andy Bruce; Editing by William Schomberg)

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