UPDATE: Consumer spending has dived in UK post-Brexit: Mastercard exec

Mon, 27 Jun 2016

(Replaces 'credit card' reference with 'consumer' in headline and third paragraph, adds comment in fourth. Mastercard insists it does not comment on credit card spending alone. This was not made clear at the interview.) By Pattrick Smellie June 27 (BusinessDesk) - The British public put away the plastic last weekend when a wave of caution ran through the country following the referendum result that has triggered the UK's departure from the European Union, according to a senior Mastercard global executive. "Just the announcement (of th...

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