UK retailers face weak demand and a barrage of increased costs

Retailers are facing a tough new year as weak consumer demand is expected to combine with a barrage of increased costs, including the higher minimum wage. Shoppers are likely to keep their spending on pause during the first months of 2024, according to forecasts published today by the Retail Think…#retailthinktank #paulmartin #kpmg #martin #nickbubb #bankofenglands #bankofengland #charlesburton #oxfordeconomics #scotland

Source: Reuters: Health - December 18, 2023 Category: Consumer Health News Source Type: news