Economics
U.K. Consumers Plan to Get Thrifty After Summer Spending Spree
- Concerns about rising prices, rates cited by Barclaycard
- Pressure on disposable incomes is taking a toll, BRC says
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Britons are planning to rein in their spending after splurging during the summer heatwave.
With worries growing over rising prices and higher interest rates, a third of consumers say they intend to spend less, Barclaycard said in a report published Tuesday.