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Britons Go On Spending Spree To Mark Royal Wedding, Sunshine

Published on Jun 14 2018 11:10 AM in Retail tagged: Trending Posts / British retail

Britons Go On Spending Spree To Mark Royal Wedding, Sunshine

British retail sales jumped for a second month in a row in May, far outstripping expectations as a royal wedding and warm weather helped shoppers put a winter slump further behind them, data showed on Thursday.

The figures pushed up the value of sterling as investors took them as a sign that the economy was recovering from a sharp slowdown in the wintry start to 2018 which put the Bank of England off an interest rate hike.

Retail Sales Boost

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