Retail sales falter as Budget tensions kick in

Retail Sales Fall Amid Weak Confidence And Budget Concerns

Retail sales volumes continued to decline at a strong rate in the year to October, extending the sector’s downturn into a thirteenth consecutive month - according to the latest CBI Distributive Trades Survey. Next month, the outlook for the retail sector remains gloomy, with retailers expecting sales volumes to fall at a faster pace.

Retail sales predicted to fall in Budget run-up

A survey suggests that retail sales are expected to fall at a faster pace in November, reflecting fears over Chancellor Rachel Reeves' plans

Retail sales falter as Budget tensions kick in

Retail sales are set to decline at a faster pace in the weeks leading up to the November Budget, a new survey has indicated, as Brits hold out for extra taxes and higher prices.  A Confederation of British Industry (CBI) survey has suggested that retail sales could collapse in November, reflecting household fears about being targeted by Chancellor Rachel Reeves in another sweeping tax raid.  Its survey on the retail sector suggested that sales v…