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UK Heat Wave Boosts Sales in Shops and Spending on ‘Staycations’

  • British Retail Consortium says inflation cut volume of sales
  • Barclaycard says consumers cut back on overseas travel
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Europe's Heat Wave Putting Pressure on Power Grid

Britain’s long spell of hot weather boosted sales in shops and spending on “staycations” as consumers hit by a surge in the cost of living opted to cut back on overseas travel, two separate reports showed.

The British Retail Consortium said its measure of retail sales rose 2.3% in July after 1% growth the month before. Barclaycard, which handles almost half of credit and debit card transactions in the UK, said consumer spending rose 7.7% from a year ago last month and 1.6% from June.