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Tag: Office for National Statistics

How has Brexit vote affected UK economy? December verdict | Business

Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Retail sales at 19-month low as Christmas shoppers leave it late | Business

High street sales slumped in November in the weakest period for consumer spending for more than a year, as shoppers reined in their spending in the run-up to Christmas. The Office for National Statistics said retail sales across Britain fell by 0.6% when compared with the previous month, with only household goods stores reporting growth. …

Retail sales at 19-month low as Christmas shoppers leave it late | BusinessRead More

UK retail sales hit by surprise downturn despite big discounting | Business

Britain’s shops were hit by a surprise downturn in sales in the run-up to Christmas after official figures showed a 0.1% drop in October. City analysts had expected consumers to continue their month-on-month spending increases with a 0.1% rise, albeit largely built on heavy discounting by retailers. The fall in sales represented the weakest monthly …

UK retail sales hit by surprise downturn despite big discounting | BusinessRead More

UK shoppers shun big ticket items as Brexit uncertainty bites | Business

Retail sales failed to bounce back last month from a drop in August as Brexit uncertainty deterred shoppers from splashing out on big ticket items. The volume of sales was flat and the value down by 0.2% in September with a further slump in department store sales offsetting a modest rise in clothing and supermarket …

UK shoppers shun big ticket items as Brexit uncertainty bites | BusinessRead More