Fears for UK economy rise as shoppers rein in spending again

Colder May puts chill on summer clothing sales as consumer spending falls for second month in a row

Britain’s consumers have reined in spending after an unseasonably cold May prompted a sharp decline in summer clothing sales.

The Office for National Statistics said retail sales dropped by 0.5% in May from a month earlier, the biggest decline in spending this year, after shoppers seemingly had shrugged off Brexit fears earlier in 2019.

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From our friends over at the : Business | The Guardian

 

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