UK shoppers cut spending by most since COVID lockdown in 2021
Total retail spending was 1.1 percent lower than a year ago, according to the British Retail Consortium (BRC). The BRC said its ‘like-for-like’ retail sales indicator, which covers only establishments open in May 2021, showed a 1.5 percent annual decline. British shoppers faced by rising inflation curtailed their spending in May by the most since … Read more