{
}
Mother’s Day at the end of March provided a significant boost to UK high streets, with general retail and supermarket transactions surging by 40.1% compared to the 2025 daily average. Despite ongoing cautious spending habits, consumers prioritized memorable experiences, benefiting florists, restaurants, and supermarkets. The hospitality sector saw a much-needed uplift, with restaurant transactions up 6.2% week-on-week, indicating a positive trend as spring approaches.
In 2024, contactless spending reached a record 94.6% of eligible in-store card transactions, with the average purchase at £16.10 and individuals using the technology 236 times, totaling around £3,800 per person. The over-65s were the fastest-growing demographic, with 84.1% adopting contactless payments. Barclays emphasized that while convenience drives this trend, the importance of human interaction in retail remains vital for building customer relationships.
Karen Johnson
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
mother's day spending boosts uk high streets amid cautious consumer behavior
16:16 04.04.2025
record contactless spending reaches 946 percent in 2024 according to barclays
01:01 01.04.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Industry Mergers & Acquisitions
Government Economic Policies
Fintech Startups
Private Equity Deals
AI Applications
Venture Capital Investments
AI Innovations
Funding Rounds & Investments
CEO Changes
Economic Indicators
Emerging Startups
Corporate Social Responsibility
Real Estate Investments
Countries:
Companies:
Apple Inc.
OLA ELECTRIC MOBILITY LTD
Grab2Go AS
Google Inc.
EFG Hermes Egypt
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
NVIDIA Corp
Amazon.com, Inc.
OpenAI ERC USD
FTSE NASDAQ Dubai UAE 20 Index
Broadcom Inc.
The Goldman Sachs Group, Inc.
Microsoft Corp
JPMorgan Chase & Co.
Morgan Stanley
XIAOMI-W
Li Auto Inc.
Tesla, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
Pakistani Rupee
Egyptian Pound
South Korean Won
United Arab Emirates Dirham
Qatari Riyal
Indonesian Rupiah
Brazilian Real
Saudi Riyal
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
People: