UK retailers warn of shop closures and job losses amid lockdown

Consumer spending during coronavirus crises is steepest drop since records began in 1995 Coronavirus – latest updatesSee all our coronavirus coverageBritain’s retailers have warned of the mounting risk of shop closures and job losses across the country after consumer spending plunged to record lows in April since comparable records began as the coronavirus lockdown took hold.Reflecting the impact of lockdown measures across the country, the British Retail Consortium said sales fell 19.1% last month compared with April last year, in the steepest drop since the trade body for high street and online shops started recording sales in January 1995. Continue reading…
Via: UK retailers warn of shop closures and job losses amid lockdown