Why UK’s February Retail Sales Cast Shadows on the Year Ahead

Why UK’s February Retail Sales Cast Shadows on the Year Ahead

The UK retail sector faced a challenging period, with only a modest 1.1% sales rise in February compared to last year, despite a stronger three-month growth of 2.4%. Fashion sales struggled, reflecting broader concerns underpinned by economic uncertainty. Retailers anticipate £7 billion in new financial burdens from upcoming legislation, including a packaging levy and the … Read more