Inflation

UK Inflation rate falls to 0 percent

The UK’s inflation rate has fallen from 0.1 percent in July 2015 to 0 percent in August 2015 according to the Office of National Statistics. The fall arises due to an increase in clothing prices and the downward change in motor fuel prices and sea fares. Rising prices of soft…

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39 Percent Rise in Volume of Goods Sold

The volume of goods sold throughout the retail sector grew by 39% in January compared with the same period in 2014, according to the latest data from the Confederation of British Industry (CBI). The CBI’s Distributive Trades Survey, which polled 127 UK retailers, found that volumes grew faster than expected,…

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Retail sales growth continues but momentum slows

Retailers reported a year-on-year growth in sales volumes in the first half of February, the CBI has revealed. In its latest Distributive Trades Survey, which covers the first two weeks of February, the CBI revealed that 37 per cent of retailers saw an increase in sales volume in the year…

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Christmas period proves testing time ahead says BRC chief

The Christmas period has done nothing to convince retailers that 2013 has any significant growth in store, said the British Retail Consortium’s (BRC) director general Helen Dickinson. Consumers have been really astute this festive period, according to the BRC chief, and waited until the last minute to make festive purchases,…

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Retail sales growth continues

High street retailers have reported improved year-on-year sales for the third consecutive month, according to data gathered by the Confederation of British Industry (CBI). The CBI’s latest quarterly Distributive Trades Survey covers the first two weeks in November and revealed that year-on-year sales volumes grew for the third successive month,…

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BRC calls for support following global financial crisis research

Retail sales growth is now averaging half what it was in the years preceding the collapse of Lehman Brothers. Four years on from the bank’s failure, the British Retail Consortium (BRC) is publishing figures that show how much the global financial crisis impacted, and continues to impact on UK retailers.…

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CBI reports flat high street sales and expects business situation to deteriorate

UK high street sales were flat in August compared with last year. Despite this being in line with expectations, sentiment about the business situation deteriorated sharply. In the CBI’s latest quarterly Distributive Trades Survey, conducted over the first two weeks of August, 27 per cent of retailers reported an increase…

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CBI reports flat high street sales and expects business situation to deteriorate

UK high street sales were flat in August compared with last year. Despite this being in line with expectations, sentiment about the business situation deteriorated sharply. In the CBI’s latest quarterly Distributive Trades Survey, conducted over the first two weeks of August, 27 per cent of retailers reported an increase…

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Could rise in retail sales signal a stronger UK economy?

Better-than-forecasted sales figures have helped to raise hopes that the UK’s recession may not be as deep as first feared. According to figures from the Office for National Statistics (ONS), sales volumes in July rose by 0.3 per cent and were up 2.8 per cent from a year earlier. ONS…

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Could rise in retail sales signal a stronger UK economy?

Better-than-forecasted sales figures have helped to raise hopes that the UK’s recession may not be as deep as first feared. According to figures from the Office for National Statistics (ONS), sales volumes in July rose by 0.3 per cent and were up 2.8 per cent from a year earlier. ONS…

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