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Home Business

Washout for UK retailers in pre-election blow for Rishi Sunak

24 May 2024
in Business
Washout for UK retailers in pre-election blow for Rishi Sunak
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The UK’s economic recovery hit a snag with a 2.3% decline in retail spending in April, worse than expected.

This drop, particularly in non-food shops, led to a 4.1% decrease in sales volumes, hindering overall retail sales growth.

The challenging retail landscape, impacted by weather and consumer caution, poses a hurdle for the economy ahead of the upcoming election.



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Tags: blowpreelectionretailersRishiSunakWashout
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