| Slow economic uptick in UK casts shadow over retail spending trends
05 Apr 24 74 min read
Insights
- UK's slow economic recovery is impacting retail spending due to high interest rates and a challenging global landscape.
- Consumer expenditure is shifting towards essentials, affecting retail profitability and debt servicing.
- While retail faces pressures, there's a silver lining for the textile industry with potential export growth opportunities.
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