British shoppers - updates

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British shoppers begin to feel post-Brexit pinch

Aug 17, 2016 - 10:20 PM

It looks probable that consumer purchasing power will be significantly diluted over the coming months warns an analyst

A pedestrian walks past a shop with a closing down sale promotion in Liverpool, north west England, on August 17, 2016. From computers and cars to carpets and food, Britain's decision to leave the EU is beginning to hit consumers in the pocket, having already spread uncertainty through the property market. The consequences of the shock vote have so far been mainly theoretical, but recent data suggest that the country's tumbling currency is about to reach the High Street. The Office for National Statistics publishes retail sales figures for July on August 18, 2016. / AFP PHOTO / PAUL ELLIS