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UK: Credit Card's 40th Birthday

Tags » Barclays, Credit Cards  » Comments (0)

Ian Pollock reports for the BBC on how 40 years ago "an old converted shoe and boot factory in Northampton was the site for a revolution in the nation's borrowing and spending habits 40 years ago. It was there that 30 new bank clerks, freshly recruited the month before, joined a team of ten or so managers from Barclays bank to launch the country's first ever credit card - the Barclaycard." David Smith writes for the London Times and takes another look at the last 40 years of credit cards in the UK.

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