UK consumer spending growth slows to five-month low - Visa

By David Milliken LONDON (Reuters) - British households kept a tighter grip on their credit cards last month as spending grew at one of the slowest annual rates of the past three years, data from Visa showed on Monday, adding to signs that consumer spending is starting to lose momentum. Robust consumer spending helped Britain's economy to outpace its peers last year, even after June's Brexit vote, but most economists think rising inflation as a result of sterling's hefty slide will eat into grow