Is British economy weakening ahead of election?

Retail sales slump as price rises squeeze shoppers

Prices at British stores have jumped. Pic: Getty
Prices at British stores have jumped. Pic: Getty

The latest figures from Britain indicate that the campaign for June’sgeneral election called by prime minister Theresa May earlier this week is taking place against the backdrop of a weakening economy.

Figures from the Office for National Statistics (ONS) show that the volume of retail sales dropped by a bigger than expected 1.8 per cent last month compared with February. Economists had expected a fall of around ...