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Retail sales hold up better than expected
Retail sales in the UK defied expectations last month, falling by far less than expected despite growing signs that high street stores are struggling to persuade shoppers to part with their cash.
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UK Retail Sales Weigh on Pound
This morning’s UK Retail Sales figures showed a 0.1% drop in October – which was much better than analyst’s predictions of a 0.8% drop. 10
U.K. October Retail Sales Decline for a Second Month
U.K. retail sales fell less than economists forecast in October as shoppers bought more food items, offsetting lower spending on electrical goods and clothing. 10
UK retail sales fall less than expected in Oct
British retail sales fell less than expected in October and the public finances showed their first deficit for the month since 1994, official data showed on Thursday. 9
Money Rates Decline in Europe on Cash Injections
The cost of borrowing in dollars for three months in London fell for a second day on speculation central-bank cash injections and deeper interest-rate reductions will further thaw the freeze in lending. 9
What economists say about UK Retail sales
"Living up to its reputation as being a random number generator. Surveys are weak, consumer confidence is at rock bottom, unemployment is shooting up and yet retail sales manages to post just a 0.1% m/m contraction, much higher than the near -1% 8
Central Bank Tries to Determine Interest Rates as Far as it
Occasionally I hear the odd guest on CNBC or Bloomberg Radio who lays blame for the crisis in exactly the right place - the Federal Reserve System in the U.S....or central banking more broadly. 8
Rates Set to Go Under the Knife
The Bank of England wants badly to bring interest rates down. But it also wants to avoid a further drubbing of the U.K. pound, which, after years of being king of the currency markets, has fallen sharply against the dollar and the euro in recent 
