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Official data showed household spending rose 1.6 per cent year-on-year in the three months to June

British consumer spending jumped in September, but not by enough to halt a year-on-year decline that reflects rising living costs, a survey by payments company Visa showed on Monday.

Consumer spending – adjusted for inflation and seasonal effects – rose by 1.4 per cent in September after falling 0.4 per cent month on month in August, Visa said, based on its credit and debit card data.

This was the biggest monthly rise since November, but still left overall spending in real terms…