Boost in demand in June on back of jubilee celebrations fails to prevent third successive fall

Britain’s retailers are suffering the sharpest drop in spending since the depths of the coronavirus pandemic as hard-pressed consumers tighten their belts as a result of soaring inflation.

The monthly health check from the British Retail Consortium (BRC) reported a third successive drop in activity as the cost of living crisis continued to bite.

Continue reading…

You May Also Like

‘Everything is ahead of us’: Ukraine breaks Russian stronghold’s first line of defence

In an exclusive interview, a leading Ukrainian general says his forces have…

‘Teaching us wonder’: Turkey embarks on cultural mission to preserve its fairytales

Mammoth task to collate magical folklore of Anatolian plateau involves thousands of…