When was the last time you paid for goods or services with cash or a business refused to take cash and insisted you pay by card? Both questions, which led to plenty of pondering among the SW&A team, were prompted by a recent survey suggesting coronavirus had hastened a shift towards a cashless society. Consumer group Which? revealed that 34% …
Pandemic puts brakes on spending in 2020
As we enter another lockdown period, many households and businesses will doubtless be talking about “tightening their belts”. But as 2020 showed, the great British public are more than capable of reducing their outgoings when spending options are limited. New research by Barclaycard has shown that people spent less and saved more in 2020 as the pandemic led to …