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Swedish retail sales fall as British manufacturers collapse

Economy & businessEconomy
Swedish retail sales fall as British manufacturers collapse
Key Points
  • Swedish retail sales decreased by 0.6% in February 2026
  • Russian budget cuts are being offset by cash flows from the Iran war
  • A British fencing company liquidated due to rising costs

6 percent in February 2026 compared to January, according to calendar-adjusted and seasonally adjusted figures from Statistics Sweden (SCB). Meanwhile, the Russian economy was on track to implement painful budget cuts, but the war in Iran has created cash flows that are saving Russia, according to multiple reports. In the United Kingdom, a British fencing company has entered liquidation and made all its employees redundant after being hampered by rising costs.

Additionally, one of Britain's biggest battery storage manufacturers has collapsed into administration, leaving all employees without jobs. According to the administrator's statement, no further goods or services should be supplied to the company, as it cannot pay its debts. The company has five employees.

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AdresseavisenDaily Express - UK NewsGB NewsRealtidNerikes Allehanda+2
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