Britishers tightening their purse strings last month, leading to a 0.7 percent year-on-year drop in spending – the most since July – according to payments company Visa.
Consumption had dropped 0.2 percent in October.
Key quote (Source: Reuters)
“The disappointing trend reflects relatively subdued consumer confidence as uncertainty lingers over the outcome of ongoing Brexit negotiations,” IHS Markit economist Annabel Fiddes said.
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