Number of Britons visiting high street shops edges up in July – Springboard

August 15, 2016 Share Print 0

The number of shoppers on Britain’s high streets rose slightly in July compared with a year ago, according to another survey that suggests consumer demand has held up since Britons voted to leave the European Union.

Retail data company Springboard and the British Retail Consortium said high street footfall rose 0.3 percent compared with July 2015, following a 3.7 percent drop in June.

Overall, the figures contributed to a mixed picture for consumer spending since the June 23 referendum, with consumer confidence plunging but few major retailers reporting any slowdown in sales.

Reuters

Post-Brexit UK Takes Centre Stage This Week

UK Employers Scale Back Hiring Plans After Brexit Vote – Survey

Prices of UK Homes for Sale See Biggest Fall in Nine Months in August – Rightmove

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Bio
Twitter
Latest Posts

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.