Retailers suffer as Britons feel the squeeze


Retailers have been warned of pressure on sales

FEARS OVER crumbling consumer confidence emerged today (June 6) as retailers warn of pressure on sales just two days ahead of the general election.

Online white goods seller AO World warned of a “significant” slowdown in the UK in its first quarter partly driven by a faltering housing market and rising inflation following the pound’s post-referendum slump.

“The secondary housing market, people moving and swapping houses, is slow. We think that’s a sign of caution,” chief executive Steve Caunce said.

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The Voice Online - Tue, 06 Jun 2017 19:30:00 +0000

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