LONDON (Reuters) -British retailers reported another drop in sales in October and they expect a further fall in November as consumers worry about finance minister Rachel Reeves’ budget in a month’s time, a survey showed on Monday.
The Confederation of British Industry said its gauge of how retail sales compared with a year earlier improved only marginally but remained negative at -27 this month from -29 in September.
The CBI’s gauge of expected sales for the month ahead slipped to -39 from -36.
Martin Sartorius, CBI principal economist, said the 13th consecutive month of falling sales volumes reflected poor consumer confidence which had been compounded by caution ahead of the budget on November 26.
“Persistent uncertainty ahead of the autumn budget is deepening the strain on retailers

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