Wallets and purses are going the way of the dinosaur, at least in the U.K., according to a new study by Mastercard. In a press release, the credit card issuer said it found that, on average, Britons have less than £5 in cash on them with...
Retailers in the U.K. are hoping Christmas food and gift shopping will give a boost to sluggish holiday spending, which slumped in November. Although, as The Guardian reports, U.K. businesses followed the American tradition of flash sales on Black Friday, which added a 11.8 percent...
August 25, 2017
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Retail sales in the nation fell at the most aggressive rate since July 2016, Bloomberg reports. In addition, 44 percent of retailers indicated their sales volumes fell in August compared […]
October 25, 2016
Wallets and purses are going the way of the dinosaur, at least in the U.K., according to a new study by Mastercard. In a press release, the credit card issuer said...
December 09, 2015
Retailers in the U.K. are hoping Christmas food and gift shopping will give a boost to sluggish holiday spending, which slumped in November. Although, as The Guardian reports, U.K. businesses...