UK shoppers return to high street as warm weather brings respite from shadow of war
Summary
More people went shopping in the UK last month as warm spring weather helped improve sales after a tough period caused by international conflict and rising prices. Retailers saw a rise in shoppers, especially on high streets, and consumer confidence grew, but challenges like higher energy bills and global tensions remain.Key Facts
- UK shoppers returned in higher numbers during May after a drop in April.
- High streets had less decline in footfall than shopping centres and retail parks.
- Warm weather encouraged shopping early in May, but very hot days at the end reduced visits.
- Consumer confidence rose to its highest level since 2021, showing people felt better about their finances.
- Sales on the high street increased by 3.4% compared to last year according to BDO.
- The British Retail Consortium reported a 2.6% decline in footfall year-on-year but noted big improvement from April’s 10.7% drop.
- The UK economy’s growth forecast was slightly upgraded to 0.9% this year by the OECD.
- Retailers remain worried about rising costs, energy prices, and uncertainty from global conflicts, despite hope the World Cup will boost sales.
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