UK markets open in 2 hours 29 minutes
  • NIKKEI 225

    28,805.98
    -292.26 (-1.00%)
     
  • HANG SENG

    25,604.81
    -23.93 (-0.09%)
     
  • CRUDE OIL

    81.12
    -1.54 (-1.86%)
     
  • GOLD FUTURES

    1,801.60
    +2.80 (+0.16%)
     
  • DOW

    35,490.69
    -266.19 (-0.74%)
     
  • BTC-GBP

    42,902.75
    -1,900.00 (-4.24%)
     
  • CMC Crypto 200

    1,412.98
    -61.35 (-4.16%)
     
  • ^IXIC

    15,235.84
    +0.12 (+0.00%)
     
  • ^FTAS

    4,138.68
    -11.13 (-0.27%)
     

Surge in spending at petrol stations shows some signs of reducing

·1-min read

Friday marked the highest number of transactions in a day at petrol stations in recent memory, according to HSBC UK.

Aggregated customer spending data from the bank showed a two-thirds increase in the value of transactions at petrol stations across the whole of Friday, Saturday and Sunday, compared with the same period a week earlier.

Looking at the volume of transactions, 25% more payments were made, according to the figures given to the PA news agency.

Fuel pumps out of use
Fuel pumps out of use on Monday (Jacob King/PA)

But while there was a significant uplift on Friday, Saturday and Sunday, both the number and the value of transactions have been reducing each day, the bank said.

Friday was the peak of the increase, with the number of payments at petrol stations being up by more than 50% compared with the Friday before.

The average petrol station payment on Friday was for just over £30, compared with just over £20 for a more “normal” Friday.

By Sunday, the number of payments at petrol stations was up by 3% compared with a more usual Sunday. Average payments were still for a higher value than usual, but they were closer to normal levels, according to the bank’s data.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting