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.
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.
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.
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.
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%
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
Retail sales better than expected
Official sales figures from the UK high street continued to defy expectations.Retail sales declined by 0.1% in October, during a time when consumer confidence was shaken by turmoil in financial markets, the Office for National Statistics (ONS
CBI announces manufacturing confidence at 30 year low
Today's announcement that confidence in the UK manufacturing industry is at a 30 year low is yet another knock for an industry which has been under pressure for over a decade.


