News and Press
Read how the global media are using Fable’s Award-winning data
Read how the global media are using Fable’s Award-winning data
According to Fable Data, which tracks credit card transactions, UK online retail spend is down about 40 percentage points since non-essential shops were allowed to reopen on April 12. This compares with an increase in spend of 45 percentage points for physical stores over the same period.
In the week to August 15, bank transactions tracked by Fable Data recorded spending 7 per cent above the same period last year, when it was boosted by the government’s “eat out to help out” meal subsidy scheme.
Academics at the University of Nottingham partnered with Experian, Fable Data and Huq to source data from consumer and company credit files, transaction-level data on consumer spending and geolocation. These granular data sources allow the researchers to track, at the local authority level, consumer and business financial distress; measures of how much people travel; and…