
UK retail sales volumes hit lowest levels in 40 years

United Kingdom monthly retail sales volumes dropped to their lowest level since 1983 in April, according to a CBI survey. According to the survey, retail sales volumes for this time of year were judged to be ‘poor’, dropping to -68 from -52 in March. Sales are expected to continue to decline at a sharp pace next month. According to Reuters, 77% of firms reported that sales were down compared














