Black Friday sales rise 16.5% and Cyber Monday transactions climb

Black Friday neon sign

Black Friday sales advanced 16.5% by value and shoppers are continuing to spend on Cyber Monday, the latest payment data has revealed.

The data from Barclaycard, which processes £1 of every £3 spent in the UK, showed that Black Friday performance was “outstanding”, and consumers have continued to seek bargains today, Cyber Monday, which has generated a 6.9% increase in transaction volume versus last year.

Barclaycard Payments chief executive Rob Cameron said: “It was an outstanding Black Friday, especially compared to last year’s record-breaking results.”

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