UK data - BRC Like-for-like retail sales +0.6% y/y in December (prior +1.8%)

British Retail Consortium data. Like-for-like sales data strips out the impact of changes in store size.

• BRC comments to their report highlight issues from labour shortages to rising transport and logistics costs. Familiar themes indeed.

Separately:

• Barclaycard 12.2% rise in consumer spending over its pre-pandemic level in December 2019