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READ MOREHigh street spending doubles on Saturday after easing of English lockdown
High street spending on enjoyed a much-needed boost as lockdown eased on 4 July but hairdressers benefited more than pubs and restaurants, according to an early snapshot of consumer behaviour.
As economists wait for hard data on the strength of consumer spending for this latest easing of lockdown restrictions, analysis of 3 million UK customers’ spending habits by the digital bank Revolut suggested that high-street spending on Saturday was double that of the previous weekend, despite only England relaxing lockdown restrictions, and ran at 86% of an average pre-Covid Saturday.
Read more at the Guardian.
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