Robust spending in pubs and bars, as well as a surge in tourist spend, is off-setting more restrained consumption on the UK consumers high-street, data from Worldpay reveals.
The payments processor said its data shows a ‘tale of two Brexits’ emerging in the first quarter of 2017, with spending in pubs and restaurants up 6.4% compared to 2016.
According to Worldpay, overall spending on cards was up 1.5% year on year in the first quarter of 2017.
Arts and leisure businesses, including tourist attractions, museums and theme parks also had a good quarter, with spending up 9.8% year on year.
Trading conditions on the high-street proved more challenging in the first quarter however, with total UK card spending on clothing and footwear down 4.6% compared to 2016.
The biggest foreign spenders were American tourists, who spent an extra 21.5% on their cards in the first quarter compared to 2016, while visitors from continental Europe spent an extra 14.3%.