Retailers warn of fresh wave of job losses and store closures
by Larry Elliott Economics editor from Economics | The Guardian on (#4GEG8)
British Retail Consortium says sales are down 2.7%, blaming uncertainty over Brexit
Britain's retailers are warning of a fresh wave of job losses and store closures after its health check of consumer spending showed the biggest drop in almost a quarter of a century last month.
Blaming the political uncertainty that also led to a contraction in manufacturing, the British Retail Consortium (BRC) said sales were down 2.7% - the weakest performance since it began its monthly survey in 1995.
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