United Kingdom

4299 readers

126 users here now

General community for news/discussion in the UK.

Less serious posts should go in [email protected] or [email protected]
More serious politics should go in [email protected].

Try not to spam the same link to multiple feddit.uk communities.
Pick the most appropriate, and put it there.

Posts should be related to UK-centric news, and should be either a link to a reputable source, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread.

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

founded 2 years ago

MODERATORS

[email protected]

Surprise fall in retail sales in December, ONS figures show (news.sky.com)

submitted 1 month ago by [email protected] to c/[email protected]

1 comments fedilink hide all child comments

There has been a surprise contraction in retail sales in December, despite the month being key for many retailers due to Christmas shopping, official figures show.

Retail sales fell 0.3% last month, according to the Office for National Statistics (ONS).

No drop at all was expected, not least a 0.3% drop. Sales growth of 0.4% had been forecast by economists.

The figures are of significance as they measure household consumption, the largest expenditure across the UK economy.

...

The December drop is due to a "very poor" month for food sales, which sank to the lowest level since 2013, hurting supermarkets in particular, the ONS said.

The data is in contrast to reports from supermarkets themselves, which reported stellar Christmas trading. It suggests that small shops suffered the brunt of the decline.

top 1 comments

sorted by: hot top controversial new old

[–] Rumbelows 3 points 1 month ago

If everything is more expensive then we buy less shit. I mean…. Who expected anything different?