yearonyear

Shoppers continue to stay away from the high street with footfall down 65% year-on-year in June

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High street footfall has dropped by 65 per cent and could lead to 250,000 jobs being axed by struggling retailers.   Most high street shops across England and Northern Ireland were given the green light to reopen on June 15 amid the coronavirus pandemic.  But many customers have chosen to stay indoors and make their purchases … Read more

Britain’s £69bn credit card debt pile falls year-on-year for the first time ever

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Plastic purge: Britain’s personal debt pile SHRANK in March as people shun credit cards amid coronavirus crisis Bank of England found households paid back £3.8bn more than they borrowed Of that, £2.4bn came from credit cards and the rest from other loans The bank said a collapse in new lending was the big reason, as … Read more