Omicron news and archive

Retail sales fall in December as Omicron deters high street shoppers

The UK retail sector saw a drop in sales last month as the Omicron wave deterred shoppers from visiting the high street, new data shows. Retail sales volumes fell 3.7 percent in December compared to the month before, according to the latest figures from the Office for National Statistics (ONS). But that was still 2.6 percent higher than February...

Retail

As Omicron spreads, consumers spend on goods, not services

The latest information concerning the Covid-19 variant Omicron shows infections in the UK could double every two days. This would clarify why British households are spending more on goods and less on services, according to data from the Office of National Statistics (ONS). As was reported by the Retail Gazette, credit and debit card spending in...