How the strength of UK economy lies in the hands of English World Cup team

British retailers have struggled as households feel the squeeze from sluggish wage growth and accelerating inflation in the wake of the Brexit vote

England’s World Cup team have some extra pressure to worry about. The strength of the UK economy may lay in their hands.

Retailers expect the soccer tournament to bring the biggest boost to their sales over the next year, particularly through electronics and alcohol, according to a Bank of England survey. Consumers have come under strain since the UK’s vote to leave the European Union, and a successful run by the English team could provide a pick-me-up for stores and pubs.

Noting a recent bounce-back in consumer spending, BOE Chief Economist Andy Haldane said Thursday that “without wishing to tempt