Today news
About the same in other media
Retail sales slow after UK’s Covid plan B measures announced
Reading now: 435
High street hopes of a bumper Christmas have been dashed by the arrival in the UK of the Omicron variant, the latest snapshot of consumer activity has confirmed.
The CBI’s monthly distributive trades survey reported a marked slowdown in activity after the government’s decision to trigger plan B measures as part of its response to the pandemic.
The employers’ lobby group said sales growth had eased to its lowest since the spring, confounding expectations among retailers that they would build on November’s strong performance.
While 44% of retailers said business was up on a year ago, 36% said it was down. The gap between the two – 8 percentage points – compared with +39 points in November.
The CBI said more than half of firms that responded
Read more on theguardian.comAbout this in other media
Government plans UK-wide Covid booster alert to mobile phones theguardian.com /2 years ago
Retailers to drive crypto payments adoption: Survey cointelegraph.com /2 years ago
UK gyms hit out after being excluded from £1bn Omicron support theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
