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Retail sales fall at fastest pace for a year

Indiaretailing Bureau -
Retailers were hit by a bigger-than-expected drop in sales this month, according to a CBI survey of high street spending that is likely to spark further calls for ministers to reverse tough economic policies.Retail sales fell at their fastest...
Retail

Interest rate held at five per cent

Indiaretailing Bureau -
The Bank of England has held the interest rate at five per cent for the fifth month running despite increasing fears of an imminent recession. The British Retail Consortium said that although it agrees with today's decision, the bank should...
Retail

British retail sales fall unexpectedly

Indiaretailing Bureau -
For the first time in nine months retail sales in U.K. fell unexpectedly in October as shoppers bought less food and clothing, a sign higher borrowing costs are squeezing consumer spending. Retail sales declined 0.1 percent, compared with an increase...
Retail

Retail prices in Britain climbed by 0.4 per cent in September

Indiaretailing Bureau -
The retail prices in Britain climbed by 0.4 per cent in September which was same as the year-on-year rise recorded for shop prices in August, the British Retail Consortium (BRC) said. The trade association said food continues to be the...
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The Luxottica report card for 2022

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