British shoppers are pulling back! 📉
May 12, 2026
New data shows credit card spending in the UK has fallen for the first time since 2024, with non-essential "treats" taking the biggest hit. From holidays to hospitality, the squeeze is on.
Our team at City AM discusses why the City is worried and what this means for the UK economy in 2026.
Listen to more on today's podcast.
Sponsored by Okta.
#Shorts #Economics #Finance #UKNews #ConsumerSpending
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