UK Business

the cost of living crisis is hitting people 'urgently and directly' – retail expert Q&A

Written by Steven Vass, Business + Economy Editor, The Conversation (UK edition)

On top of rampant inflation, strikes, business gloom and rising interest rates, bad news about our shopping habits was all but inevitable. The volume of goods being sold in the UK is now falling, according to the latest monthly data from the Office for National Statistics (ONS), with food purchases the number one culprit.

Consumer sentiment is at...

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