FTSE LIVE: High street spending slows down at fast rate in six years

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  • High street spending saw biggest fall for six years in April, according to Visa
  • Centrica said it lost more than 100,000 accounts in the first four months of year
  • Shares in Mothercare have tumbled 9% after it said it needs new funding
  • Uber has hired Amazon UK director Jamie Heywood as new Europe chief

This Is Money

High street spending in the UK slowed down at its fastest rate in six years during April, according to payments giant Visa. Online sales were also subdued although not to the same degree. 

Elsewhere British Gas owner Centrica has been boosted by the ‘Beast from the East’ as the cold snap forced the country to turn the heating up more than usual.

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