UK retailers hit again in May, some signs of respite: CBI

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Britain's retailers suffered another sharp slide in sales in May but there were some signs that the sector was past the worst of the hit from the coronavirus lockdown which the government is gradually easing, an industry survey showed on Tuesday.

LONDON - Britain’s retailers suffered another sharp slide in sales in May but there were some signs that the sector was past the worst of the hit from the coronavirus lockdown which the government is gradually easing, an industry survey showed on Tuesday.

Its monthly gauge of retail sales rose to -50 from in May, still a historically weak reading but up from a joint record low of -55 in April, as expected in a Reuters poll of economists. Prime Minister Boris Johnson said on Monday that Britain will reopen thousands of high street shops, department stores and shopping centres next month.

 

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