High street hopes of a bumper Christmas have been dashed by the arrival in the UK of the Omicron variant, the latest snapshot of consumer activity has confirmed.
The CBI’s monthly distributive trades survey reported a marked slowdown in activity after the government’s decision to trigger plan B measures as part of its response to the pandemic.
The employers’ lobby group said sales growth had eased to its lowest since the spring, confounding expectations among retailers that they would build on
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