Sales volume in Great Britain fell for first time in three months, down 0.7% in October as people delayed spending

• Business live- latest updates

Retail sales in Great Britain fell for the first time in three months in October, as uncertainty surrounding Labour first budget in 14 years and the lure of Black Friday bargains delayed consumer spending.

Reporting on the first month of the “golden quarter” for retailers ahead of the Christmas rush, the Office for National Statistics (ONS) said sales fell by 0.7% month on month in October – and revised down the growth figure for September from 0.3% to just 0.1%.