UK retail sales smash forecasts thanks to good weather and Royal Wedding - business live

All the day’s economic and financial news, including the ECB’s latest policy meeting and UK retail sales figuresLatest: UK retail spending jumped last monthIntroduction: European Central Bank decision todayWill ECB call time on its QE programme?Bond-buying scheme runs out in SeptemberLast night, US interest rates hiked again 9.52am BST More on the Meghan and Harry effect from the ONS:Food stores provided a positive contribution to growth with supermarkets commenting on good sales in celebration of the Royal Wedding during good weather. 9.47am BST Newsflash: UK retail sales were stronger than...

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By: The Guardian - 6 days ago

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