UK shops suffer slowest growth on record in 12 months to June: BRC

Sales at British retailers rose at their slowest average pace on record over the...

LONDON - Sales at British retailers rose at their slowest average pace on record over the past year as worries about Brexit weighed on consumers, a survey showed on Tuesday.

Retailers also had their biggest annual fall for June on record - down 1.3% - as the Brexit concerns mounted and the spending boost from a heatwave and the men’s soccer World Cup in June 2018 affected the comparison, the BRC said. Last week, surveys of British companies suggested the economy shrank between April and June and Bank of England Governor Mark Carney warned of growing risks from a no-deal Brexit and global trade tensions.

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