Overview

• BRC/KPMG reported total retail sales up 2.3% year on year in the five weeks to 4 October, slowing from 3.1% in the previous period and the weakest rise since May.
• Barclays said consumer card spending fell 0.7% year on year in September, with essential spending down 2.6% and non‑essential growth slipping to a 15‑month low of 0.2%.
• Footfall declined 1.8% year on year in September, with analysts citing London Tube strikes and Storm Amy as additional drags on shopper visits.
• Industry groups pressed for business‑rates relief, arguing last year’s budget lifted employer costs by about £5 billion and that further tax measures would dampen investment.
• Category performance was mixed, with electronics boosted by new Apple launches and furniture, clothing and beauty remaining relatively resilient.