UK retail suffering from collapse in consumer spending, says CBI

Two-thirds of firms say Covid-19 lockdown hit sales in worst month since financial crisisCoronavirus – latest updatesSee all our coronavirus coverageAlmost 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 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