Brexit optimism for retailers
The UK retail sector will grow by one per cent in 2020 according to a report by KPMG/Ipsos Retail Think Tank.
The body predicts that greater political certainty will boost confidence and spending among high-street consumers after more than three years of "pain", despite the many unknowns that bosses will have to navigate regarding tariffs and trade deals.
However the group was more lugubrious regarding food sales, predicting a tough year for supermarkets. It also warned that closures and CVAs could rise as "inefficient and irrelevant" legacy firms continue to suffer.
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