Visa says British consumer spending continues to drop

Posted by SB

Reuters — British consumers tightened their belts further last month, figures from payment card company Visa showed on Monday, adding to signs that the economy is struggling to recover from a weak first quarter.
Visa said inflation-adjusted spending on its credit and debit cards in April was 2 percent lower than last year - the same decline as in March and one of the steepest declines of the past five years... → Full Article

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