© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

Retail sales slide as UK consumer confidence sinks to record low

Expectations around personal finances over the coming year reach ‘depths not seen since the 2008 financial crisis’

Growth in UK retail sales slowed last month as fears over the rising cost of living led to the sharpest drop in consumer confidence since the 2008 financial crisis, according to industry data.

The British Retail Consortium said total sales rose by 3.1% in March compared with the same month a year earlier, significantly down on the 6.7% increase in February and 12-month average growth rate of 10.3%.

Continue reading…

Related posts

Britain’s hopes of early post-Brexit trade deal with US appear dashed

AEA3

UK unemployment reaches four-year high in Covid-19 lockdown

AEA3

Four boys who died after falling through ice on Solihull lake are named

AEA3