Across the two quarters, the total in premises Visa spend is £131.1 million in Q1 and £142.7million in Q2, representing a 9% rise from one quarter to the next and a significant increase of 16% when comparing it to the same trading period in 2021.
The Visa spend data is sourced from companies such as Virgin Media O2 and Visa, giving a comprehensive, yet privacy-focused understanding of how many people are visiting the city, their age groups, origin postcodes of visitors and their spend in the city centre. It allows analysis of different merchant category groups for each quarter and then comparison for each, quarter by quarter.