UK Retailers Report Sharpest Upturn Since 2018

British retailers reported the sharpest upturn in sales since 2018 this month as non-essential began to reopen after months of closure, adding to signs of an economic rebound as COVID restrictions ease, a survey showed on Tuesday. The Confederation of British Industry said its monthly retail sales volume balance jumped to +20 in April from -45 in March, its highest level since September 2018. Part of the increase reflected the effect of comparing with a year earlier, when Britain was in the midst of its first, most stringent COVID lockdown. Read more at Reuters.