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Retailers report increased demand for emergency supplies

Earnings

Retailers have recorded a significant rise in sales for radios, torches, and power banks. Tinned food sales have also increased following public guidance to stock up on essential items. Data obtained by BBC Newsnight indicates a spike in consumer interest for emergency equipment. These purchases follow recent official advice encouraging households to prepare for potential supply disruptions. Market participants are monitoring whether this trend in consumer spending persists or remains a short-term reaction to recent guidance.

Source: BBC Business

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