Retailers struggled over Christmas as embattled shoppers cut back on spending

The hopes that retailers would have the first good Christmas in three years were dashed on Friday as new figures showed the sector sold far less than expected as shoppers tightened their belts.

One small business owner said that she only had “a couple of sales” from regular customers in the vital month of December as the UK struggled with the cost of living crisis.

Retail sales volumes were estimated to have dropped by 1 per cent in December, the second month of decline, the Office for National Statistics (ONS) said.

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