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UK retail sales up but food spending falls

From bbc.com

Retail sales rose in February, up by 0.4% on the previous month, official figures show. But sales at food stores saw the biggest fall since December 2016, the Office for National Statistics said. Separate data showed government borrowing fell to £0.2bn in February from £1.2bn a year earlier. After 11 months of the current financial year, government borrowing stands at £23.1bn, 44% lower than in the same period last year. Unusually warm weather in February contributed to the rise in retail sales, said the ONS, boosting spending at garden centres and on sporting equipment. A decline of 1.2% in food stores was offset by ... (full story)

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