UK retail sales slump to 0.6% as shoppers protect their coffers for Christmas

Budget led to waning sales

Linus Uhlig
clock • 2 min read

Total UK retail sales increased by 0.6% year-on-year in October, down from a growth of 2.6% during the same month in 2023, as Budget uncertainty and the propensity to save for Black Friday and Christmas caused shopping levels to drop.

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