Thatis means wages are being paid and that is a really important factor of economic stability. but most businesses are focused on the short term. on the short term. focusing on consumers on the short term. focusing on consumers for on the short term. focusing on consumers for a on the short term. focusing on consumers for a moment, - on the short term. focusing on i consumers for a moment, looking at retail sales are off a bit but i wonder how people are paying for this stuff? when you look at things like savings, credit cards, balances, what is the picture there and what does it mean for the wider economy? it is interesting. you see things like subscription levels being adjusted, through our debit card spending for example we have seen people changing where they spend their money so maybe instead of spending it at a higher supermarket they will go to a low supermarket cost point. we see those adjustments in spending interestingly in q3 in spending interestingly in 03 last year we saw deposit levels go down and transaction levels go down and transaction levels 9° up go down and transaction levels go up so people saved up to go on holiday but they were still
And that s a really important factor of economic stability. but most businesses are focused on the short term. turning our focus to consumers for a moment, you look at things like retail sales, they were off a little bit, but some of the supermarkets had very good christmases, whatever. ijust wonder how people are paying for this stuff. when you look at things like savings, credit card balances, what s the picture there, and what does that mean for the wider economy? so it s interesting, we re seeing things like subscription levels being adjusted. we ve seen through our debit card spending, for example, people changing where they spend their money. so maybe rather than spending at a higher supermarket cost point, sort of a lower supermarket cost point. so we re seeing those adjustments in spending. interestingly, in q3 last year, we saw deposit levels go down
Eye. clayton: playing right to their audience tonight. abby: subscription levels going through the roof after that not adding a whole lot of new people there. pete: president trump tweeting just this morning for the first time the failing new york times will take an ad, a bad one to help save its failing reputation. try reporting accurately and fairly. that is the point. it s so ironic the ad says the truth, the truth, the truth. if only the new york times was the standard bearer of the truth. it s a standard bearer of one time of the spectrum long ago stopped being any sort of independent press. that s what s the worst, i think to president trump and some of us. don t tell me you re middle of the road when you are not. they clearly haven t learned a lesson and ad like this shows that. clayton: you we will see.