Gulf Today

UK shopper numbers dip 4.1%

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LONDON: Shopper numbers across Britain fell 4.1 per cent in the week to May 8 versus the previous week, a third straight week of decline, with rain across much of the country hiting activity, researcher Springboar­d said on Monday.

It said shopper numbers, or foofall, was down 6.6 per cent in high streets, 1.5 per cent in shopping centres and 1.3 per cent in retail parks.

“Rain across much of the UK for most of last week meant that foofall dipped again from the week before,” said Diane Wehrle, Springboar­d’s insights director.

“The impact of the rain was evident, with a more modest drop in activity in the enclosed environmen­ts of shopping centres and in retail parks that are (more) easily accessible by car than high streets.”

Non-essential stores reopened in England and Wales on April 12 ater more than three months of COVID-19 lockdown. They reopened in Scotland on April 26 and Northern Ireland on April 30.

Foofall in Northern Ireland jumped 21.1 per cent in the week to May 8 compared with the previous week.

Compared with the same week in 2019, before the pandemic started to disrupt trading last year, overall UK foofall was down 25.3 per cent, Springboar­d said. However the number of people heading out to shops across Britain jumped 87.8 per cent in the week to April 17 versus the previous week as non-essential stores in England reopened ater three months of COVID-19 lockdown, market researcher Springboar­d said on Monday.

Britain stepped up efforts on Monday to look at the case for a digital pound in response to the challenge posed by cryptocure­ncies such as bitcoin, and outlined plans to make its financial market more atractive ater Brexit.

“We’re launching a new taskforce between the Treasury and the Bank of England to coordinate explorator­y work on a potential central bank digital currency (CBDC),” Britain’s finance minister Rishi Sunak told a financial industry conference.

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A shopper carries bags along Oxford Street in London on Monday
↑ A shopper carries bags along Oxford Street in London on Monday

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