Retail spending slows as Budget looms large
Total UK retail sales increased by 2.3% year on year in September, against growth of 2% in September 2024 and above the 12-month average growth of 2.1%, according to British Retail Consortium (BRC) and KPMG data. Food sales were up 4.3% year on year, driven largely by inflation rather than volume growth. Non-food sales growth…