Plastic continues to be fantastic.
The usual boggling statistics are on display from the Credit Card Research Group. Apparently we collectively spent 163 billion pounds on 3.9 billion purchases using our flexible friends last year. That works out to 5,000 per second and an increase in spending of more than a fifth on the previous year. There are approximately 48 million credit cards in issue now and a further 49 million debit cards . Growth continues despite the economic slowdown.