Retail gross sales in Nice Britain slumped within the three months to October because the strain of inflation hitting a 41-year excessive and hovering vitality costs compelled households to chop budgets and rein in spending.
The Workplace for Nationwide Statistics (ONS) mentioned retail gross sales fell by 2.4% within the quarter in contrast with the earlier three months, with volumes in September and October falling beneath pre-pandemic ranges for the primary time.
It’s the worst quarterly gross sales efficiency since March final yr, when…
