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UK consumer spending dropped 2.4% in October - Barclaycard

According to Barclaycard, the UK consumer spending fell 2.4 percent  year-on-year in October. Growth in spending on non-essential items slowed to 2.2 per cent last month.

The data indicates the UK consumers are feeling the pinch of the drop in the real income (high inflation, slow wage growth).

Fitch: Tax proposal may add fiscal strain to the US public finance

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Bitcoin risks consolidation as $8,000 approaches – Goldman Sachs

Goldman Sachs’ technical analysts, Sheba Jafari and Jack Abramowitz, warned Bitcoin traders against betting on a break above $ 8000 mark, in a note pu
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