One thing to be grateful to Brexit for: Britons are buying less on credit

Consumer borrowing is falling, which is no bad thing. But it’s uncertainty, not regulation, that’s acting as the brakeA sharp decline in household spending on the never-never, and especially spending on credit cards, is a trend that must surely be welcomed. The Bank of England said last week in its quarterly credit health check that high street banks were about to witness the biggest decline in such borrowing since records began 12 years ago.Threadneedle Street said its index of dema