Today could see 15 million shoppers hit the high street, spending £2.6m per minute, in what could be the biggest shopping day of the year.
According to a report by the Telegraph, about 15 million Christmas shoppers will head out on “Manic Monday” to buy gifts, food, drink and decorations as bad weather kept much of the country at home on Saturday.
The Visa forecast said that shoppers are expected to part with about £3.6 bn by the end of the day. The credit card provide expects to process 31 million transactions on UK cards with a peak between 1pm and 2pm as workers rush out to the shops on their lunch break.
Jeremy Nicholds, director of commercial development at Visa Europe, said: “The rush to shop online at the beginning of the month will be mirrored on our high streets on Monday the 23rd which we predict will be the busiest day of the year.
“The high-street is still ideally placed to serve shoppers’ needs for last minute presents, key grocery items and other supplies as Christmas Day approaches.”