Barclays credit card spending drops for first time since 2024

Consumers using Barclays credit cards cut their spending for the first time in 18 months in the latest sign of turmoil facing the global economy. Total spending with Barclaycard was down 0.1 per cent year-on-year marking the first drop since November 2024, where Brits were feeling the pinch of Labour’s first Budget. Consumers mainly drew [...]