British retail sales fall amid waning confidence
Retail sales in Britain declined by 0.4% in September 2026, despite previous months’ growth driven by factors such as the World Cup and a heatwave. Warm weather and high fuel prices, which increased due to the conflict in the Gulf, led to reduced consumer spending, resulting in sales figures below expectations. At the same time, consumer confidence sharply decreased in October amid expectations of further inflationary pressures in 2027, as the government prepares to offer support to cope with rising living costs.
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