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

FILE PHOTO: Shoppers crossing the road in Oxford Street, in London
FILE PHOTO: Shoppers cross the road in Oxford Street, in London, Britain August 14, 2016. REUTERS/Peter Nicholls/File Photo

September 2, 2021

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)