May’s retail sales figures are a slight disappointment after the ‘fireworks’ of April’s spending splurge, says Jonathan Sparks, CIO, UK and Channel Islands, Private Banking and Wealth Management at HSBC: The broader picture suggests that consumers released pent up demand for the high street in April but then moved on to socialising and eating out in May, as restaurant bookings surged and pubs re-opened.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Oh I’m sure a Covid pandemic, useless government, failing Brexit & £2 trillion debt will just be fine...at least we’re winning the contrived culture war against an imagined army of wokes