Nice one CHAPS: how Bank of England card data are telling us more about consumer spending
The pandemic has had such an impact on our everyday lives – movement restrictions, store closures, panic buying and people occupying more time at home have all influenced our spending patterns and consumer behaviour. David Matthewson explains how, for the first time, the ONS will publish credit and debit card transaction data from the Bank of England that will give us more detailed information on how we have been spending our money over the last twelve months.
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