Half looking to cut costs and the commute makes a comeback

ALMOST half of Britons expect to spend less over the next three months as retailers already face significant falls in visitor numbers compared with a year ago, figures show.

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Some 45% of consumers say they expect to spend less and 41% are “actively” looking for ways to cut unnecessary spending, according to the latest Movers Index from Virgin Media 02 Business.

There has been an 8% year-on-year drop in retail visits for the first three months of the year, the index, which combines anonymous UK movement data from O2 Motion with survey findings, shows.