UK Retail Slump Deepens: Why Shoppers Are Still Holding Back Despite Easing Inflation

UK Retail Slump Deepens: Why Shoppers Are Still Holding Back Despite Easing Inflation

Britain's inflation rate may have retreated from the double-digit highs that fuelled the cost-of-living crisis, but the relief has yet to translate into a meaningful recovery for the country's retailers. Across the UK, shoppers are still exercising caution, prioritising essentials over discretionary purchases and forcing retailers to contend with subdued demand despite signs of improving economic conditions. The disconnect matters far beyond the…