Payment card company Visa suggested that growth in spending in the first quarter had seen a significant slowdown, up by only 0.9% year-on-year. This marked the lowest increase seen since late 2013 and adds more concerns over the long-term impact that Brexit and the subsequent economic uncertainty will have in the long run for the residents. The announcement comes just as Prime Minister Theresa May is set to begin talks with the EU regarding the UK’s withdrawal from the union.