UK retail sales fall as inflation hits consumers

UK retail sales are declining at a pace not seen since the worst months of the pandemic, according to industry bodies, as soaring inflation hits household finances, new data show.

The volume of retail sales declined for the third consecutive month in June, falling at an annual rate of 1 per cent, according to figures compiled by advisory services group KPMG and the British Retail Consortium industry body.

Helen Dickinson, chief…