Plan B measures hit retailers by more than expected in December as official figures today showed sales volumes slumped 3.7%.
Clothing retailers and department stores were among the worst affected, with today’s headline number from the Office for National Statistics much worse than the 0.6% decline forecast.
City traders, meanwhile, are enduring a difficult end to the week after sentiment was hit by a late sell-off on Wall Street and Netflix shares fell more than 20% in after-hours trading due to disappointing subscriber numbers.
