Tag Archives: consumer spending

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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