Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

London retail sales rise 8.2% in May

London retail sales were up 8.2% on a like for like basis in May - way ahead of the 1.9% sales gain across the UK as a whole.

The British Retail Consortium said that warm sunny weather and special Sales events had boosted trade in London during May. Clothing and footwear sales were boosted after several difficult months. Designer fashions maintained good sales and accessories and beauty products remained popular.

Western European remained the main overseas shoppers, taking advantage of the strength of the Euro, while Americans and Japanese were still discouraged by the weak dollar and yen.

BRC director general Stephen Robertson said: "Central London sales growth rose to its highest rate since February as summery weather finally arrived in early May. Shopper numbers were up on a year ago thanks to sun and Sales bargains. But it may be that central London gains were partly offset elsewhere as high petrol prices discouraged Londoners from travelling to shopping centres further afield. Consumer confidence continued to fall in London, though higher average incomes and more tourists meant the fall was less than for the UK as a whole."

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.