The chaps at Zero Hedge got my attention:
I did some digging ... it's the BDO High Street Sales Tracker:
- U.K. like-for-like sales at mid-market retailers (excluding non-store sales) fell 5.2% y/y in October
- worst month since April 2016
the "most horrific" October on record, due to a fall in spending, a drop in consumer confidence and unseasonably warm weather, according to BDO
BDO citing
- consumers cutting spending ahead of Christmas
- wage increases being outstripped by higher inflation
- higher mortgage payments anticipated
Cable non responsive