UK Retail Slumps Then Rises | Bermuda News

Retail sales in the UK took a hit in August, hitting their lowest point in two months and reversing July’s strong performance. Business confidence is waning as retailers brace for weak trading conditions, with many hesitant to invest or hire. A CBI survey of 58 chains confirms declining sales and pessimism about seasonal trends—but there’s hope: September forecasts are turning optimistic, marking the strongest outlook since March, and investment intentions are actually rising. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6e5ab1075cae607f