CBI: Rapid inflation means UK  cost-of-living crisis set to go on

Retails sails in Britain are falling, highling a cost-of-live squeeze on households.

British retail sales slumped in April with the first year-on-year fall in volumes in 13 months, reflecting a cost-of-living squeeze and changed spending patterns, figures from the Confederation of British Industry showed. 

The CBI's headline retail sales balance fell sharply, with 63% of stores reporting that sales volumes fell, compared with 28% who experienced a rise.