While the U.K. inflation rate remained high at 10.7% in November 2022 (down by 0.4% compared to October), the household goods retailer Currys (2021 turnover of US$12.2 billion, up by 2% year-on-year) has reported an increase in credit payments.
This option, available for items over €114, now accounts for 17% of purchases made at the British retailer, compared with 12.1% for the whole of 2021. With this credit offer, the payment period is extended to 12 months during which customers pay no intere
U.K. Currys credit popularity rises in times of inflation
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