UK Retail Sales Fall at Slowest Pace in 18 Months

British retailers reported the smallest sales decline in a year and a half this month, according to a Confederation of British Industry survey. While volumes eased from previous months, the business outlook remains fragile due to cautious household spending.

FILE PHOTO: People walk on Oxford Street in London, Britain, March 27, 2026. REUTERS/Jaimi Joy

British retailers reported the smallest sales decline in a year and a half during October, according to data released on Monday. The survey from the United Kingdom Confederation of British Industry showed sales volumes improving against wider consumer weakness. The monthly sales volume balance rose to -10 from -55 in September, reaching its highest level since April 2025.

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