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Page 3 - Lisa Hooker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Retail sales in Great Britain flatline as households continue to feel squeeze

Shoppers cut back in March, with data likely to increase pressure on Bank of England over interest rates

United kingdomGreat britainAndrew baileyAlex kerrLisa hookerHeather bovillOffice for national statisticsCapital economics

Retail sales: Shoppers shun department stores as prices rise

Higher prices put off shoppers as sales volumes overall stagnate in March.

United kingdomHeather bovillAlex kerrLisa hookerOffice for national statisticsNational insuranceNational statistics

5,000 fewer UK chain stores in 2024 What happened?

The British retail experience characterized by shopping on the high streets has been a trend in the UK for a long time. However, this trend is changing

United kingdomLisa hookerPaul martinData companyLocal dataLloyds pharmacyUnited kingdom head

Retail sales ground to a halt last month as shoppers turned their backs on department stores due to rising prices

But the flat performance follows a more impressive start to the year which means the sector should still help pull the UK out of recession.

United kingdomEllie hendersonHeather bovillLisa hookerJohn lewisAlex kerrJeremy huntOffice for national statisticsNational insuranceNational statisticsHigh streetCapital economicsChancellor jeremy hunt

Retail sales ground to a halt last month as shoppers turned their backs on department stores due to rising prices

But the flat performance follows a more impressive start to the year which means the sector should still help pull the UK out of recession.

United kingdomAlex kerrJeremy huntEllie hendersonHeather bovillJohn lewisLisa hookerOffice for national statisticsNational insuranceNational statisticsHigh streetCapital economicsChancellor jeremy hunt

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