Core Viewpoint - UK retail stocks are expected to face a more challenging environment in the second half of the year due to weakening fundamental drivers such as wage growth and consumer spending [1] Group 1: Economic Indicators - Wage growth is anticipated to slow down despite a strong increase expected at the end of 2024 and early 2025 [1] - Concerns regarding unemployment and job security are rising among consumers [1] Group 2: Consumer Sentiment - Consumer confidence surveys remain low, indicating a potential worsening of the situation [1]