Article 4Z63P British retailers yet to benefit from 'Boris bounce', says BRC

British retailers yet to benefit from 'Boris bounce', says BRC

by
Larry Elliott Economics editor
from Economics | The Guardian on (#4Z63P)

Health check of sector seems to show thrifty approach still ingrained in shoppers

Britain's retailers have yet to benefit from any post-election pickup in the economy amid signs that thrifty and environmentally aware consumers are reluctant to part with their money.

While business surveys have detected a "Boris bounce" after the decisive Conservative victory in December's vote, the British Retail Consortium (BRC) said there had been only the faintest evidence that spending habits had changed.

Related: Trafford Centre owner Intu confirms talks over 1bn cash call

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