UK High Street Sales Suffer “Most Horrific” October On Record

Jon Alternative Media, Blogosphere, Economy

The writing was on the wall two weeks ago when retail employment tumbled along with CBI-reported retail sales, but tonight’s BDO High Street Sales Tracker should be the icing on the cake for any looming rate hike as like-for-like sales crashed 5.2% – describe by BDO as “the most horrific” October on record.
It was the worst month since right before Brexit in April 2016.

This post was published at Zero Hedge on Nov 10, 2017.