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UK weather rains on consumer spending in July

By Economic Times - 4 months ago
British shoppers reduced their spending in July as rainy weather continued to impact consumer activity, according to two surveys released on Tuesday. Barclays reported a 0.3% decline in spending on credit and debit cards compared to the previous year, marking the second drop since February 2021. This decrease follows a sharper 0.6% decline in June.

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