UK retail sales tumble 8.2% during January lockdown; pound hits $1.40 – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

UK retail sales fall more than expected despite online splurge, as the public finances record the first January deficit in 10 years; sterling hits $1.40 for first time in nearly three years

The UK downturn was less bad than feared in February, the flash PMI reading from IHS Markit/CIPS suggests. Its composite index, which comprises manufacturing and services, jumped to 49.8 from 41.2 in January, just below the 50 mark that divides expansion from contraction. Services firms fared better, despite the Covid-19 lockdown, while manufacturers were hit by Brexit which has made it harder to export. Flash UK Composite Output Index Feb: 49.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

hmmm. the government shutting everything down is BAD?!!? lol. wankers.

Retail is struggling!? Well I’ll be damned!

No shit Sherlock

Quelle Surprise

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:

 /  🏆 84. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK retail sales tumble 8.2% during January lockdown – business liveUK retail sales fall more than expected despite 35% surge in online sales, as the public finances record the first January deficit in 10 years Not a surprise, right? It’s January…and it’s lockdown… Spain imposed a very strict lockdown and made masks mandatory (even outdoors). Despite this the number of Spanish cases rose sharply in October. Mandatory social distancing/mask wearing does not work. Boris's coronavirus restrictions are destroying the economy and our freedoms. Erm.... they’re all closed, right?
Source: The Guardian - 🏆 84. / 53 Read more »

UK trade with Germany tumbled in January – business liveRolling coverage of the latest economic and financial news Congratulations!!!Very well done!!! Best Wishes blessing you all🇮🇳💕💥 Nuffin ta doo wiv Brexit The nightmare continues. We need an honest conversation about this.
Source: The Guardian - 🏆 84. / 53 Read more »

UK GDP report to show how economy fared in January lockdown – business liveRolling coverage of the latest economic and financial news, including January’s UK GDP report thanks Couple of months ago I came across a recommendation about DennisWilliam56 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation But what about the people?
Source: The Guardian - 🏆 84. / 53 Read more »