Surprise fall in December sales damages chancellor’s claims that UK economy is on right track
The UK economy was probably in recession during the second half of 2023 if the latest retail sales figures are anything to go by.
A surprise 3.2% slump in the level of sales in Great Britain during December appears to show the cost of living crisis was continuing to hurt household finances despite a rise in wages that gave many consumers a bit more spending power.
Continue reading…Surprise fall in December sales damages chancellor’s claims that UK economy is on right trackRetail sales in Great Britain plummetBusiness live – latest updatesThe UK economy was probably in recession during the second half of 2023 if the latest retail sales figures are anything to go by.A surprise 3.2% slump in the level of sales in Great Britain during December appears to show the cost of living crisis was continuing to hurt household finances despite a rise in wages that gave many consumers a bit more spending power. Continue reading…
