Card spending falls for the first time in more than three years, Barclays says - as inflation slows and consumers cut back

Card spending falls for the first time in more than three years, Barclays says - as inflation slows and consumers cut back

Card spending fell last month for the first time in more than three years, according to Barclays. It's the first time there's been a drop in card spending values since February 2021, the bank's June data showed. Money blog: What will happen to tax under Labour? The figures cover nearly 40% of the nation's credit and debit card transactions and combine it with consumer research. It's due to a combination of prices rising less than before, as inflation weakened, and …