Cinemas, pubs and winter clothes boost consumer spending

Barclaycard says spending rose 5.5% in October, but warns spending growth could subside amid inflation fears

Bumper box office takings, strong trade in pubs and a rush for winter clothes drove a solid rise in consumer spending last month, according to new figures.

Barclaycard said spending rose 5.5% on a year earlier in October, the strongest growth since it started publishing monthly health checks on consumer finances in 2011. But it warned the trend of solid spending growth could soon fizzle out as households worry about inflation.

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