Washout for UK Retailers as Rain Spurs Sharp Drop in April Sales
British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed economic news for Prime Minister Rishi Sunak ahead of a national election, data showed on Friday. Sales volumes dropped by 2.3% in April alone after a 0.2% fall in March, which was downwardly revised from a flat reading, the Office for National Statistics said. The data was worse than any economist predicted in a Reuters poll, which had pointed to a drop of around 0.4% on the month.