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Rise in sales of radios and tinned foods, say retailers, after call to stock up

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Rise in sales of radios and tinned foods, say retailers, after call to stock up
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Market & Financial Impact: Figures obtained by BBC Newsnight show large spikes in sales of torches, radios and power banks.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

UK prepper stores see massive sales following government campaign

Some retailers have seen a dramatic increase in sales of essential goods after the government called for people to stock up in case of a crisis, according to figures obtained by Newsnight.

The Iceland supermarket chain said it was "clear" consumers had listened to warnings after it saw a 40% increase in sales of tinned products over the weekend.

The rise in sales came after Defence Secretary Wes Streeting said that people should stockpile goods to prepare for an emergency such as a cyber attack or an extreme weather event.

Robert Dyas reported a 160% increase in sales of radios compared with last week, while Maplin said sales had increased by 92% in radios, 284% in torches and 106% in power banks.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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