UK Retail Sales Plunge to 40‑Year Low Amid US‑Israeli Conflict with Iran

Retail sales in the United Kingdom fell sharply in the most severe decline in over four decades, a survey released by PressTV attributed to the escalating conflict between the United States and Israel over Iran.

The survey, which cited the war as the primary driver, reported a steep drop in consumer spending across the UK, marking the worst downturn in retail sales since the early 1980s. The report highlighted that the conflict’s economic ripple effects have reached British households, leading to a contraction in retail activity.

The findings come as global markets react to the heightened tensions in the Middle East, underscoring the broader economic impact of geopolitical disputes on domestic consumer behavior.