UK Retail Sales Plunge: High Street Faces Rough Patch

UK retail sales plunged 2.7% in May—the sharpest drop since late 2023—as cautious consumers cut back. Here’s why the High Street is under pressure and what it means for the months ahead.

UK retail sales plunged 2.7% in May—the sharpest drop since late 2023—as cautious consumers cut back. Here’s why the High Street is under pressure and what it means for the months ahead.