UK retailers pessimistic as economy reopens; Covid-19 worries markets
The Guardian -

Rolling coverage of the latest economic and financial newsLatest: UK retailers expect weak sales in JulyFTSE 100 fell in early trading, then reboundedIntroduction: Surge in US Covid-19 cases spooks marketsCoronavirus – latest updatesSee all our coronavirus coverage 12.58pm BST

UK retailers are right to be concerned about their sales prospects, says Howard Archer of the EY Item Club.

He suspects demand for big-ticket items will remain weak, especially among workers who are currently furloughed

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