retail confidence low

Retail confidence hits five year low

28th May 2025 Commercial Credit Management | #retail confidence low

British retailers are experiencing their steepest decline in confidence in five years, primarily due to Rachel Reeves’ £26bn tax raid and the uncertainty from Donald Trump’s trade war. According to the Confederation of British Industry (CBI), retail sales have dropped 27% year-on-year from May 2024, with expectations of a further 37% decline in June. Sentiment…

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retail confidence low

Retail confidence hits five year low

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