Tax increase policies have affected the recession, with retail sales in the UK exceeding expectations in August.

According to the WiseFinance APP, retail sales in the UK in August exceeded expectations, indicating that household consumption has gradually recovered from the impact of the tax increase policy of the UK Labour government. The UK National Statistics Office stated on Friday that retail sales in August increased by 0.5% after seasonal adjustments, unchanged from the revised 0.5% in July. Good weather boosted sales of clothing and baked goods, offsetting the decline in sales at computer and telecommunications equipment stores. Analysts had previously predicted a 0.4% increase in retail sales in August.