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UK retail sales slump points to new risk of recession | Hellenic Shipping News Worldwide

UK retail sales slump points to new risk of recession | Hellenic Shipping News Worldwide
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United kingdomAlex kerrJeremy huntLisa hookerHeather bovillOffice for national statisticsBritish retail consortiumLabour partyConfederation of british industryNational statisticsBritish industryPrime minister rishi sunakConservative partyCapital economics

Retail sales in Great Britain plummet as Christmas shoppers cut back

December figures show biggest monthly fall since shops were forced to close during pandemic in 2021

United kingdomGreat britainHeather bovillLisa hookerOffice for national statisticsMarks spencerNational statisticsBlack friday

Boxing Day shoppers to splurge £3 7billion on deep discounts

Shopping centres are likely to be busy, but fewer people than previous years are expected to be queuing for doors to open at 6am.

Banita naikLisa hookerKumail jafferJohn lewisMarks spencerBoxing dayFile imageSecretary alex chalkNew yearMarks and spencer

Boxing Day sales will be High Street s biggest in five years with massive discounts expected - but major retailers including John Lewis, M&S and Next will keep stores shut and instead rely on online trade

People queued up outside stores in Britain this morning, as early risers tried to take advantage of expected discounts from retailers trying to shift surplus stock after Christmas.

City ofUnited kingdomClare baileyBanita naikLisa hookerKaren johnsonJohn lewisMarks spencerBoxing dayHome bargainsChristmas eveChristmas dayWhile boxing dayBack fridayOxford streetNew year

Shoppers predicted to spend £4 6 billion in Boxing Day sales

With official sales figures for Boxing Day set to be released soon, experts still predict it could be the biggest Boxing Day in five years.

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