UK travel spending drops 3.3% in March as costs rise

UK travel spending fell 3.3% in March, the first decline in five years, amid rising cost of living concerns and the ongoing Iran conflict. While card spending overall increased by 0.9%, many consumers are postponing trips and delaying major purchases. Confidence in household finances remains high, but optimism about the economic outlook has declined sharply.

Summary by Glance · The Guardian Australia – Business