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Retail Industry Opinion

Retail sales April 2020 update


Retail sales April 2020 update


"UK retail sales in March suffer historic fall since records began"
John Westwood, Blacktower Financial Management



UK retail sales in March suffer historic fall since records began. Generating substantial uncertainty for UK businesses on top of the uncertainty brought by Brexit. Retail spending is expected to fall further in April due to many retail stores closing towards the end of March after Government orders. Pick up in sales is depending on if additional lockdowns or partial lockdowns in May are needed.

Source: https://www.blacktowerfm.com/

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