Currys says more customers using credit in cost of living crunch

Currys said about 17% of purchases are now made on credit. Photograph: May James/Reuters

Currys customers have been spending less and relying more on credit to make big purchases as they grapple with the cost of living crisis.

The UK’s biggest electrical retailer said shopping trends were mixed, with some customers spending less and trading down, meaning they were opting for less expensive models to stretch their budgets.