Spending with travel agents jumped by its biggest year-on-year margin for nearly two years in November (+10.7%) while transaction volumes grew by nearly a third (31%), outstripping growth in the next best performing sector by almost a quarter.
This came despite a 1.1% dip in consumer card spending – the most significant drop since February 2021 – and the first fall in non-essential spending since July 2024 (-0.3%), according to Barclays latest Consumer Spend Report. Non-essential transactions declined by 2.3% year-on-year in November.
