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UK consumers spend more in August, but pinch persists

Month's sales growth was highest non-Easter reading of 2017; fewer consumers feel confident about their finances, survey shows

Published Tue, Sep 5, 2017 · 09:50 PM

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    London

    BRITISH shoppers increased their spending in August at the fastest pace so far in 2017, excluding a surge in April caused by the Easter holiday, but there is little sign yet that the squeeze on spending is easing, retailers said on Tuesday.

    Retail sales grew by an annual 1.3 per cent on a like-for-like basis, which strips out changes in store size, the British Retail Consortium (BRC) said.

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