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UK retailers braced for robust Christmas as consumers really feel squeeze | Retail business

Newsican Admin by Newsican Admin
November 8, 2022
in World News
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Britain’s retailers are bracing themselves for a troublesome Christmas buying and selling interval as hard-pressed shoppers react to a worsening value of residing disaster by chopping again on spending.

With essentially the most worthwhile interval of the 12 months for outlets and on-line shops approaching, two surveys out on Tuesday underlined the extent of the squeeze on family budgets brought on by the UK’s double-digit inflation fee.

The month-to-month snapshot of spending by Barclaycard, which accounts for half of debit and bank card…



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