Tag Archives: Barclaycard

Consumer spending grows in August

Consumer spending grew by 0.2% year on year in August, the first rise since February this year, according to Barclays UK Consumer Spend Report. The report looks into giving you a unique and up to date picture of the nation’s spending habits based on the actual transactions, bringing it to …

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Consumer spending up 2.2% in February – but storms hamper retail sector

Consumer spending grew 2.2% year-on-year in February, propped up by digital subscriptions and takeaways, as Brits stayed home to avoid bad weather, according to Barclaycard. Data from the payments business reveals that spending on essential items rose by 1.6%. This increase was bolstered by supermarket and fuel expenditure, which grew …

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Barclaycard reports muted consumer spending in July

Consumer spending grew by 1.7 per cent year-on-year in July – representing a decline in real terms when accounting for inflation – following similarly muted figures in May and June, according to Barclaycard. Data from the global payment business, which claims to process nearly half of the nation’s credit and …

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Contactless is now the preferred way to pay

‘Touch and go’ or contactless payments are surging in popularity, with spending up by more than a third since the turn of the year, according to Barclaycard. More than half (51%) of all transactions up to the eligible spending limit of £30 are now made using contactless – which shaves …

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