Consumer spending up over Christmas period

Consumer spending during the final two weeks of December was 2.4 per cent higher than in the same period of 2008, a card processing firm said yesterday.
By The Newsroom
Published 1st Jan 2010, 19:50 BST
Updated 1st Jan 2010, 19:50 BST

Barclaycard Payment Acceptance, which processes credit and debit card transactions for 88,000 UK retailers, said consumers spent 4.09bn on their plastic between December 19 and December 31, up from 3.99bn in the same period of 2008.

The busiest day was December 23, when people spent 497m on last-minute Christmas shopping.

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Post-Christmas spending totalled 1.68b as people hit the sales, up from 1.64bn in 2008.

December 29 was the busiest day post-Christmas, with transactions worth 376m processed.

More than 700,000 transactions worth 24m were processed on December 25.