Hopes that December’s bleak retail data were a one-off were dashed when it was reported that UK sales in January fell for the second consecutive month. Photo: AP
Nicholas Spiro
Opinion

Opinion

Macroscope by Nicholas Spiro

Brexit pain is just beginning, and it’s about to get a lot messier

15.5pc plunge in the pound against the dollar has pushed up prices amid weak growth in wages, and squeezed British household purchasing power

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Hopes that December’s bleak retail data were a one-off were dashed when it was reported that UK sales in January fell for the second consecutive month. Photo: AP
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