West End fears weakest Christmas sales growth since pandemic
London’s West End is on track to record its lowest festive season sales growth since the pandemic, as nervous shoppers rein in spending ahead of a late November Budget.
The news comes in a Christmas forecast report by New West End Company (NWEC) which said it expected sales to rise just 1.3% to £1.7bn in November and December. With inflation sitting at 3.8%, that represents a fall in real-term spending.
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