retailers and services struggle with squeeze on spending /

Published at 2018-02-06 08:01:01

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Statistics reveal that UK economy entered new year on a downbeat noteBritain’s retailers battled through “tough” trading conditions in January as consumers preserved their cash for essential food shopping and shunned big ticket purchases.Non-food sales declined by 1.2% in the three months to the stop of January with furniture sellers,shoe shops and tall street clothing retailers recording their worst performance since 2009, according to British Retail Consortium (BRC) and KPMG data. Related: UK services sector growth falls to 16-month low Continue reading...

Source: theguardian.com

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