UK consumer spending fell by the most since July - Visa
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.