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UK card spending recovers to 100% of pre-pandemic level By Reuters

by Mike Robinson

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© Reuters. FILE PHOTO : A Pret a Manger employee can be seen behind a protective screen, with a sign reading “Card payments only”, in a Pret a Manger shop that has reopened in Wimbledon for take-out and delivery following the introduction of the coronavirus virus disease (COVID-19), Lond

LONDON, (Reuters) – Last week, spending on British payment cards rose to 100%, up from 95% a previous week, according to data released on Thursday.

According to separate data from the Office for National Statistics, output-per-hour, which measures productivity in an economy, increased 0.1% in Q2. This was 1.7% more than the average for 2019.

Economists believe that productivity data will be affected by the effects from the pandemic.

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