UK retail sales fall to 5.1% – highest since records began

UK retail sales fell a record 5.1% in March as many stores shut up shop in the face of the coronavirus lockdown. Figures have been released by The Office For National Statistics (ONS) and show that the steepest sales fall since it started collecting the data in 1996.

“Retailers are in crisis mode as the impact of Covid-19 has obliterated sales to new record-lows,” said Richard Lim, chief executive of Retail Economics.

Most Popular