Sunny weather and reopening of shops boost sales, but GDP figure expected to confirm recession
Sunny weather and the reopening of non-essential shops across most of the UK has fuelled an increase in consumer spending close to pre-pandemic levels, according to retail industry figures.
The deepest recession in a century is expected to be confirmed on Wednesday, but figures from the British Retail Consortium (BRC) and accountancy firm KPMG indicated that a recovery is under way via the consumer, with total retail sales increasing by 3.2% in July compared with the same month a year ago.