UK Card Expenditure Statistics: September 2017November 22, 2017
Commenting on the publication of the September card expenditure statistics, Richard Koch, Head of Cards at UK Finance, said:
“Card spending continued to grow in September, driven in part by the migration from cash payments, with the service sector leading the way. Perhaps a sign of the increased number of international visitors since the fall in the pound, card spending at hotels and on entertainment have both seen particularly strong growth over the past year.”
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