Consumers hit as shops pocket the difference on sterling

SHOPPERS are paying up to 30% more for clothes because retailers are failing to pass on the massive savings they are making on sterling.

Retailers such as Marks & Spencer and Dunnes Stores display both the euro and sterling prices on clothing in their shops in Ireland, the North and Britain.

But the pound sterling has slumped against the euro, meaning products from multinational retailers should cost a lot less in eurozone countries like Ireland.