• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Entertainment-seeking Brits splashed out in August: Barclaycard

September 6, 2021 by David Barret Leave a Comment

September 6, 2021

LONDON (Reuters) – British consumer spending jumped last month thanks to a post-lockdown splurge on holidays at home and entertainment, payment card company Barclaycard said on Tuesday.

Spending rose by 15.4% last month compared with its pre-pandemic level in August 2019, marked by higher spending across all categories apart from international travel, Barclaycard said.

Theatres, music festivals and theme parks saw a big jump in spending.

“Socialising, shopping, and staycations were top of the agenda for Brits in August, as families and friends made the most of the school holidays, giving a welcome boost to hospitality and leisure businesses,” said Raheel Ahmed, Barclaycard head of consumer products.

Other surveys have pointed to a recent slowdown in Britain’s economy after an initial surge following the relaxation of COVID-19 lockdown restrictions.

A separate survey from the British Retail Consortium on Tuesday showed retail spending rose 3.0% in August compared with a year ago, with clothing stores performing strongly – something echoed by the Barclaycard report.

Still, the BRC said this marked a slowdown from annual growth of 6.4% in July.

“As post-lockdown pent-up demand has softened, the growth in retail sales we have seen over the past few months slowed for August. Nonetheless, we still saw growth above pre-pandemic levels, as people returned to stores in greater numbers,” said BRC Chief Executive Helen Dickinson.

(Reporting by Andy Bruce)

Source Link Entertainment-seeking Brits splashed out in August: Barclaycard

David Barret
David Barret

Related posts:

  1. Exclusive-Apple hit with antitrust case in India over in-app payments issues
  2. Get 50B of data for just £12 a month with this unbeatable Smarty SIM only deal
  3. FTC bans spyware maker SpyFone, and orders it to notify hacked victims
  4. The only one way to tackle ransomware: Zero Trust

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Most Distant Black Hole Ever Confirmed From 500 Million Years After The Big Bang
  • Scientists Used Virtual Reality To Alter People’s Lucid Dreams In Mindboggling Feat
  • Vesna Vulović: The Woman Who Fell Over 10,000 Meters And Miraculously Survived
  • Why Do Lion Cubs Have Spots?
  • 80 Years On, Chilling Photos Of The Hiroshima Bombing Remind Us Why Nuclear Weapons Are Terrifying
  • Four Radioactive Wasp Nests Have Been Found At A Nuclear Facility In South Carolina
  • Ancient Burial Practices
  • Why Do Arms And Legs “Fall Asleep”?
  • Anatoli Bugorski: The Man Who Put His Head In A Particle Accelerator And Survived
  • Alpha Centauri A – Our Closest Sun-Like Star – Has A New “Very Strong Candidate” Planet
  • Redditors Claim They Can Smell When Someone Is Pregnant. Is That Really A Thing?
  • New Monster Black Hole 36.3 Billion Times Our Sun May Be “Most Massive” Ever Found
  • An Interstellar Mission To Visit A Black Hole Might Only Take 70 Years, Astrophysicist Says
  • Four Super Rare Barbary Lion Cubs Born At Czech Zoo In Conservation Win
  • NASA’s Perseverance Snaps One Of Sharpest 360° Panoramas On Mars Ever Taken
  • UAP Researchers Search For “Transient Events” In Earth’s Shadow, Finding Unexplained Events
  • Neolithic Cannibals In Spain Ate Their Enemies As A Form Of “Ultimate Elimination”
  • RFK Jr Pulls Millions Of Dollars Of mRNA Vaccine Funding, Citing Misinformation – Here’s What To Know
  • Ride On Board A Red-Footed Booby As It Catches Flying Fish Above The Indian Ocean
  • People Returned To Live In Post-Apocalyptic Pompeii – But Life Was Never The Same
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version