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Retailers braced for £3.6bn 'Manic Monday'

Retailers are bracing themselves for one of the busiest days of the year, with last minute Christmas shoppers expected to defy bad weather forecasts on what is being dubbed ‘Manic Monday’.

Analysts have said transactions could reach £2.6m every minute today, with Visa saying it expected to process 31 million transactions on UK cards with a peak between 1pm and 2pm as workers rush out to the shops on their lunch break.

Around 15 million shoppers are expected to hit the high street in a last minute dash to pick up bargains ahead of the festive break. Up to £3.6bn is expected to be taken at tills up and down the country today alone.

John Lewis has said it expects today and tomorrow to be among the busiest of the trading period, and a number of retailers including Marks & Spencer are holding Sales in the hope of tempting consumers in store.

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