Consumer spending and confidence resilient in Q1
Consumer spending rose 4.3 per cent year-on-year in the first three months of 2017, driven by a mix of splashing out on the ‘experience economy’ and higher prices on essential goods
Consumer spending and confidence resilient in Q1 2017
Price increases were a large contributor to spending growth on essentials (comprised mainly of petrol and supermarkets), which reached a record-high 5.2 per cent during the first three months of the year.
Barclaycard and Uber agree exclusive loyalty programme
Barclaycard and Uber have agreed a new commercial agreement that will see Barclaycard customers benefit from exclusive offers when they use their personal card to pay for their Uber rides.
Consumer spending grows 4 per cent in February as essential expenditure jumps to another record high
Consumer spending performed robustly in February, partially driven by price increases that continued to drive uplifts in ‘essential’ spending including petrol and groceries.
Barclaycard leads trial of contactless donation boxes with 11 national charities
Charities may be missing out on more than £80m in donations each year by only accepting cash donations, as 42% Brits say they carry less cash now than they did three years ago.
Supermarket contactless spending jumps 2.4 times
Supermarket shoppers are increasingly turning to ‘touch and go’ as their payment method of choice when making purchases up to the value of £30.
Barclaycard signs new bPay partnerships to embed contactless payment technology in watches and jewellery
Barclaycard has agreed two new partnerships that will see its bPay payment technology embedded into high street jewellery and watch brands, expanding the range of wearable devices that can be used to make contactless transactions in the UK.
Barclaycard and TMC announce fuel card contract with Centrica
Barclaycard Commercial Payments, in association with TMC, has been awarded a contract by Centrica, the parent company of British Gas, to provide a single fuel card programme for its van and car fleets.
Barclaycard secures new ten-year merchant acquirer contract with TfL
Barclaycard has retained its contract to provide payment solutions to Transport for London (TfL) for another seven years, with an option to extend for a further three years.
Brits looking for love are willing to spend over a quarter of the average weekly wage on a first date
If you’re looking for love this Valentine’s Day you may need a big wallet in addition to a big heart as our new research into the nation’s spend on dating finds the average first date could cost single Brits up to a quarter of the average weekly wage.