Christmas ‘disastrous’ for retailers as households battle ongoing cost pressures

The British Retail Consortium has also warned of a January spending squeeze (Owen Humphreys/PA) - (PA Wire)

This Christmas appears to have been “disastrous” for retailers as households battle with ongoing cost-of-living pressures, figures suggest.

Retail footfall was 11.4% down on last year over the final full week before Christmas, according to Rendle Intelligence and Insights.