“The pain of higher prices is already hurting with UK retail sales retreating in February. With the cost of living squeeze intensifying, shoppers have kept a firmer grip on their purses. The bad weather didn’t help, with heavy rain and gales keeping crowds away from the high street. The easing of restrictions did provide some bounce for fashion retailers, as new outfits were purchased for long awaited nights out, but it brought a drop in sales for food retailers, as consumers swapped gourmet meals in for restaurant meals out. With the only way up for prices, with retailers lining up to prepare…
