British purses snap shut VISA spend17 Dec 2018 11:33
British purses snap shut
MARKET OUTLOOK
by The Trader
Data compiled by IHS Markit showed that spending on Visa credit cards fell for a second consecutive month in November, an annualised decline of 0.7 per cent after October’s 0.2 per cent fall; consumer spending has dropped in 7 of 2018’s 11 months so far. Not exactly news, I’m sure you’ll agree, other than the fact things are getting worse, not better.