Armstrong Economics

Britain’s Consumers Are Pulling Back as War and Inflation Collide (opens in new tab)

The British consumer is beginning to crack under the pressure of rising costs, war fears, and collapsing confidence. New data from Barclays, which processes nearly 40% of all UK credit and debit card transactions, shows household spending fell 0.1% in April compared with a year earlier. That may sound small on the surface, but this […]

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