Rolling coverage of the latest economic and financial news
Greater numbers of UK consumers went shopping last month as spring sunshine brought welcome relief to retailers, which have faced a squeeze on spending since the US-Israel war on Iran.
Figures from the British Retail Consortium (BRC) and a separate survey by the accountancy firm BDO showed a bounce-back in footfall during May, reversing a sharp decline in April.
“There is currently no jet fuel shortage in Europe. We have no signs that we will have a shortage in the coming period.”
“This is why we see that some airlines are choosing to cancel some of their routes that didn’t make any economic sense.”
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