Card spending grew 17.7% in March compared to the same period in 2019, as Brits took advantage of the sunnier weather and lifting of all remaining Covid restrictions to visit pubs, dine out, and update their wardrobes in preparation for
Consumer card spending grew 13.7% in February compared to the same period in 2020 – the highest growth since November 2021 – as the lifting of Plan B restrictions and work-from-home guidance encouraged Brits to socialise, shop, and make travel plans as the economy re-opened.
Consumer card spending rose 7.4% in January compared to the same period in 2020 – the smallest uplift since April 2021 – as several sectors were hampered by Plan B restrictions, inflation, and rising energy costs.
Consumer spending increased 5.9% in 2021 compared to 2019, fuelled by demand for convenience, online shopping and home improvements. While Covid-19 continued to hamper the hospitality and leisure sector, social distancing restrictions spurred the rising popularity of ‘insperiences’ and outdoor
Barclaycard Payments, which processes nearly £1 in every £3 spent in the UK, has so far today (as at 1pm) seen a:
British SMEs are starting to feel more confident about the performance and resilience of their own businesses, despite challenges in the wider economy, according to the latest quarterly Barclaycard Payments SME Barometer.
Despite the backdrop of inflation concerns and rising household bills, overall consumer card spending grew by 14.2% in October, compared to the same period in 2019. While growth slowed in some non-essential categories, such as clothing and hospitality, it was
Consumer card spending grew 13.3% in September compared to the same period in 2019, as Brits enjoyed the last of the summer sun. However, ongoing supply chain shortages and rising food and energy prices have hampered consumer confidence.
New research reveals that some shopping habits formed during lockdown are here to stay, with almost a fifth (18%) of Brits signed up to subscription services such as restaurant meal kits. Of those that use food subscriptions, over a quarter
Consumer spending fell 13.8% year-on-year in February as lockdown restrictions continued, yet some sectors saw record growth as the first signs of spring lifted the nation’s spirits.
Retailers are feeling the love in the run up to Valentine’s Day, with two fifths (41%) expecting to see a sales boost, according to new research from Barclaycard Payments, which sees nearly half of the nation’s credit and debit card
Consumer spending declined 16.3% t year-on-year in January – the sharpest decline since May 2020 – as the retail, hospitality and travel sectors felt the full impact of national lockdown measures.
New data from Barclaycard reveals that contactless technology has emerged as one of the big winners of 2020, accounting for 88.6% of all eligible card transactions.
Consumer spending declined 2.3% year-on-year in December – the largest decline since June 2020 – as the tightening of tiered restrictions across the UK hampered high-street retailers and hospitality.
Consumer spending declined 7.1% year-on-year in 2020 – as coronavirus restrictions impacted many sectors, with high-street retailers and hospitality hardest hit. Yet there were some bright spots as changing consumer behaviours spurred e-commerce growth, while the rise of the ‘insperience
Brits are planning to splash out £2.7bn in this year’s post-Christmas sales in a bid to treat friends and family, as well as themselves, after a challenging 2020.
Barclaycard Payments, which processes nearly £1 in every £3 spent in the UK, has so far today (as at 16:00) seen a -16.7% decrease in the volume of payments compared to the same period on Black Friday last year.
Although nail bars, beauty and tanning salons have opened their doors, new research has revealed that Brits are set to save nearly £1,500 by continuing to do their beauty and grooming at home.
The ‘insperience economy’ is giving new hope to retailers post-coronavirus, as demand for in-home products and services is set to increase even further after retailers reopen to the public.
Card and contactless payments continued to increase in 2019, with card payments accounting for over half (51 per cent) of all payments for the first time, according to the latest UK Payment Markets report from UK Finance.
Barclaycard Payments’ second SME Barometer found that, despite UK businesses predicting poor short-term performance, and reporting a dip in sentiment compared to last quarter, there are early signs that they have begun the road to recovery.
Less than a month since the introduction of the new £45/€50 contactless limit in the UK and Ireland, Barclaycard, which handles half of all contactless transactions in the UK, has processed over 7m contactless payments above the previous limit of
Barclaycard, which processes almost 40% of card transactions in the UK, has announced a new partnership with e-commerce platform BigCommerce to introduce an integrated, cutting-edge payments solution for online retailers across the UK and Europe.
Consumer spending reached just 1% year-on-year growth in December, representing a decline åin real terms when accounting for inflation.
Data from Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, shows that essential spending grew slightly by 0.2%, bolstered by a 1.5% increase in supermarket expenditure.
