UK retail sales beat forecasts in June after lockdown eased – business live

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Rolling coverage of the latest business and markets news after monthly UK retail sales rose 13.9% in June

7.16am BST

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.

We’re starting the day off with some relatively positive news for the high street, after fresh data showed that the easing of lockdown in England last month helped UK retail sales beat forecasts in June.

Strong rebound in UK retail sales reported in June as lockdown eases. Volume of sales up 13.9 percent on May and – excluding motor fuel 1.7 percent UP on a year ago. The most positive recovery indicator for UK we have seen so far.

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