Is the UK on the cusp of a ‘vibecession’?
With inflation climbing, job markets softening and consumer spending cooling despite soaring temperatures, is the UK in a summer ‘vibecession’?
Four different UK retailers issued financial updates today, across three separate categories: fashion, home, and DIY and grocery. Across the board, the four retailers all noted some version of the same theme: that the market and consumer confidence remained muted.
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