Sharp slowdown in consumer spending cools UK retail sales

World Cup-inspired summer spree ends as total sales growth slumps, figures show Britain’s retailers experienced a sharp slowdown in consumer spending last month, bringing to a close the World Cup-inspired summer spree on the high street.According to the British Retail Consortium (BRC) and the accountancy firm KPMG, growth in total sales dropped to the weakest level in almost a year. Continue reading...