UK retail sales have fallen for the third month in a row as households cut back on discretionary purchases amid the cost of living surge.
June’s British Retail Consortium-KPMG tracker revealed sales volumes are falling at a rate not seen since the depths of the pandemic.
Meanwhile, Twitter shares closed 11% lower at $32.65 last night after Tesla boss Elon Musk withdrew his $54.20 a share takeover offer worth $44 billion. Musk cited concerns about the number of fake accounts on the platform, but Twitter yesterday vowed to close the deal "on the price and terms agreed".
