UK retail sales fall for seventh month, outlook worsens: CBI
UK retail sales volumes fell for the seventh month in April, easing to -8 per cent from -41 per cent in March, but retailers expect a sharper -33 per cent drop in May, CBI data shows. Online sales were flat, wholesale sales plunged, and motor trade volumes fell steeply. Firms cite weak sentiment and call for government action to boost confidence and growth.
UK retail sales volumes fell for the seventh month in April, easing to -8 per cent from -41 per cent in March, but retailers expect a sharper -33 per cent drop in May, CBI data shows.
Online sales were flat, wholesale sales plunged, and motor trade volumes fell steeply.
Firms cite weak sentiment and call for government action to boost confidence and growth.
