CBI report shows UK retail suffering from collapse in consumer spending

Two-thirds of firms report adverse effects from Covid 19 lockdown in worst month for sales since financial crisisAlmost two-fifths of Britain’s retailers have closed for business completely as a result of a Covid-19 lockdown that has prompted a collapse in consumer spending unmatched since the depths of the financial crisis in late 2008.April’s monthly health check of high street and online sales from the CBI reported that two-thirds of businesses had been adversely affected by the p