Sales growth in Britain sinks to post-Covid low ...News

Economy by : (Russia Today) -
UK consumers are reportedly slashing their spending due to the cost-of-living crisis Retailers across the UK in September recorded the slowest sales growth since the reopening of physical stores after Covid-related shutdowns, business advisory firm BDO said on Friday as quoted by Reuters.  According to BDO, total like-for-like sales in September increased by 2.8% from a year earlier, as the cost-of-living crisis forced British consumers to rein in spending. This follows an increase of 3.6% recorded in August, which marked the previous post-Covid low.   “The actual performance for retailers may be even worse than t

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