Retailers are facing the perfect storm over 'Trumpflation', Labour's tax rises and minimum wage increases - as sales collapse by eight per cent

Retailers are facing the perfect storm over 'Trumpflation', Labour's tax rises and minimum wage increases - as sales collapse by eight per cent

Shoppers are increasingly reluctant to spend, data from accounting firm BDO reveals. By the end of March, sales were nearly 8 per cent lower than in the same period last year.

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