Spending on holidays expected to be priority in 2022 but outlook is uncertain amid inflation and Covid uncertainty, says Barclaycard
Consumers splashed out on online shopping, takeaways, home improvements and streaming subscriptions in 2021, as ongoing Covid restrictions limited where people could spend their money.
Households were more willing to splash their cash in 2021, and spending during the year was almost 6% higher than in 2019, according to a review of transactions by Barclaycard.
