British Retail Consortium says consumers have no confidence

Consumer confidence keeps declining in the UK, according to reports from Nielsen and BRC (British Retail Consortium).  At the heart of the decline are worries about personal money and jobs.

Around half of those consumers surveyed said that their personal finances were not good. Thirteen per cent said they were experiencing trouble money-wise. Nearly fifty per [...]

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BRC questions credit card company fees

Banks are making up to millions of pounds per year by placing high fees on debit and credit card sales according to retailers.

The British Retail Consortium introduced new figures that show the average credit card transaction costs retailers a stunning 34p compared to the 2.1p for cash transactions and 8.5p for debit transactions.

The BRC stated [...]

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