UK Retail Spending Soars As Economy Reopens

British shoppers splashed out on new clothes in April after shops reopened following months of lockdown closures, adding to signs of a robust economic recovery, official data showed on Friday. Sales volumes in April jumped 9.2% month on month – twice the average forecast in a Reuters poll of economists and the biggest rise since June – after rising 5.1% in March. Clothing sales soared by almost 70%. “Fashion retailers (were) the ultimate beneficiaries of beer gardens reopening and the ‘rule of six’ night out returning,” said Aled Jones, head of retail at Lloyds Bank. Read more at Reuters.

2 Replies to “UK Retail Spending Soars As Economy Reopens”

  1. Personally, I think American shoppers should behave exactly the same way, for at least the next 5 years, at independent stores ONLY. I have other good ideas, too, just ask me.

    1. Peter please speak slowly as I am trying to write your ideas down. I can hardly wait to hear the rest so please wait as I go get all my Bitcoins to invest in your next ones.

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