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Get the free app no ads · no paywallUK · 12 May 2026
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British households are cutting back on purchases, marking the quickest reduction in a year and a half. Barclays, which processes many UK card transactions, reported a 0.1% fall in card spending last month compared to a year ago. The decrease was the first year-on-year since November 2024, and non-essential spending dropped by 0.3%.
Reported by Guardian · How we write briefs
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