UK Bond Yields Set for Biggest Weekly Drop Since 2024; Retail Sales Fall as Drivers Cut Back on Fuel Business Live The recent plunge in bond yields to their lowest levels since 2024 is just one symptom of a broader economic malaise unfolding in the UK.
As retail sales falter and consumers cut back on discretionary spending, particularly fuel, the question on everyone's mind is: what does this mean for future growth?
Retail sales have taken a hit as households tighten their belts, with stagnant wages and lack of investment in infrastructure contributing to the decline.