‘Cost of living crisis’ is more than just the latest buzz phrase. It’s a tangible issue, made real by climbing prices and plummeting public funds. With even higher earners feeling the pinch, consumer appetite for credit is skyrocketing. Recent Bank of England stats show that individuals borrowed an additional £1.3 billion in consumer credit […]
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Will interest rates come down soon - and what will this mean for retail trends in 2024? Let's take a closer look at this year's predictions for merchants.