Britain’s vote to leave the EU has had little immediate impact on people’s spending habits, according to new figures that suggest more money was splashed out on clothes, meals out and day trips in July. Consumer spending picked up in July as the warm weather provided an incentive to eat out and buy new summer clothes, figures from Visa showed, contrasting with signs of a drop in business activity following the June vote to leave the EU. But releasing its first post-referendum spending report, the payments company said growth was still slower than at the start of the year. The monthly index, compiled with the financial data ... (Read the full story)
