The darkening of the post Brexit economic outlook is set to weigh on retail sales in the UK. Retail sales are expected to fall over the month in June as the willingness of consumers to buy was hammered by the decision of UK citizens to leave the European Union (EU) in the June 23 referendum. Although the direct hit from Brexit has been rather muted, increased uncertainty concerning the future economic development is weighing on the outlook for retail sales as well. The retail sale data scheduled for Thursday are expected to show volumes falling back 0.8% over the month in June, although this would still see retail ... (full story)