Summary: Retail sales in July experienced a significant decline of 1.2%, worse than the anticipated 0.5% contraction. The Office for National Statistics attributes the decline to the exceptionally wet weather, marking July 2023 as the wettest July since 2009. Department stores, clothing shops, and supermarkets were among the hardest-hit sectors, with supermarkets showing the most pronounced decline in sales. Online shopping defied the trend, posting a 4.4% year-on-year increase and accounting for 27.4% of total retail sales, the highest proportion in months. ...

Summary: Westminster Council unveils the proposed plans for the long-awaited revamp of Oxford Street, London's famous shopping district. The plans include introducing 12 pedestrian crossings, widening pavements, planting trees, and improving lighting. The project aims to reduce traffic congestion, create more space for shoppers, and enhance the overall shopping experience. Consultation for the proposed changes will be open until August 31st, allowing the public to provide feedback on the plans. If approved and completed as scheduled, the transformation of Oxford Street could be realized by 2026. ...