Editor
British retail sales contracted in May as consumers tightened their belts amid a cost of living crisis, fuelling concerns for a downturn in the UK economy.
The quantity of goods bought in Great Britain fell 0.5 per cent between April and May, reversing the expansion in the previous month, according to data published on Friday by the Office for National Statistics.
This was only marginally better than the 0.7 per cent fall forecast by…
