Britons pay back most on debt in 27 years as credit card spending slumps - Capital Economics

Latest News

Britons pay back most on debt in 27 years as credit card spending slumps

29 March, 2021The Guardian

Until non-essential shops reopen, which is expected to go ahead on 12 April, spending is likely to remain subdued. “We doubt much changed in March but this pattern might start to reverse in April as the economy opens up,” said Thomas Pugh, a UK economist at the consultancy Capital Economics.

Capital Economics has a team of over 60 internationally renowned and award-winning economists in the UK, Canada, the US, Australia and Singapore.

Please see here for a list of our economists, and contact our Press Office to arrange comments or interviews.