British shoppers defied concerns over a global trade war, significantly boosting spending in April, according to new data from the British Retail Consortium (BRC) and Barclays. Retail sales jumped 7.0% year-on-year—the strongest monthly increase since the pandemic—driven by the Easter holiday, record sunshine, and strong demand for food, gardening items, and clothing.
Clothing sales in particular surged as the UK recorded its sunniest April since 1910. Warmer weather prompted consumers to refresh their spring wardrobes after a sluggish winter period. To smooth out seasonal distortions from Easter, which fell in March last year, sales across March and April combined were up 4.3% from the previous year.
Barclays also reported a robust rise in consumer card spending, up 4.5% compared to April 2024, marking the highest annual growth since June 2023. Importantly, it was the first time in over two years that spending growth outpaced inflation, signaling stronger consumer purchasing power.
Despite the rise in spending, concerns about global economic stability remain. A Barclays survey revealed nearly 75% of consumers are worried about the financial fallout from U.S. President Donald Trump’s trade tariffs introduced in early April. However, this marked a slight decrease from earlier in the month, and household financial confidence held steady at 70%, unchanged from March.
The Bank of England, which recently lowered interest rates, is closely monitoring consumer behavior for signs that uncertainty over U.S.-led trade policies could dampen economic activity. While many of the tariffs have since been suspended, their long-term impact on UK demand and inflation remains a key focus for policymakers.
This uptick in consumer confidence and retail activity offers a promising signal for Britain’s economy amid global trade tensions.


Gold Prices Head for Biggest Weekly Loss Since June as Fed Rate Outlook Weighs
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes
US Stock Futures Fall as Netflix Outlook, Chip Selloff and Iran Tensions Weigh on Markets
UBS Boosts China Tech Bets, Adds Kuaishou and Meituan to Focus List
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow
Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software
Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions
Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs
Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs
Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar
China Home Prices Fall Again in June Despite Slower Pace of Decline
Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening
IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 



