UK consumer spending slides in December as pandemic flares

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Wed, 2021-01-13 00:36

LONDON: British consumer spending fell in December at the fastest rate in six months, with restaurants especially hard hit by a resurgence of coronavirus cases, a survey showed on Tuesday.

Payment card provider Barclaycard said consumer spending contracted 2.3 percent in year-on-year terms last month, the biggest drop since June when most of the economy was still in lockdown.

Spending fell by 65 percent in restaurants, the survey showed.

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