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Retail sales down 1.8% as snow hit the high street

Retail sales slumped in January as heavy snow blitzed the high street, official figures showed today.

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Big boys could give cold comfort to smaller firms

LARGER businesses should provide financial support to smaller “brethren” as the economy goes through a credit-less recovery, according to a leading economist.

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UK Retail Figures: Kicking The Economy When It’s Down

By Lea Pachta

Already reeling after worse-than-expected public finances data on Thursday, the UK economy has received another knock this morning following particularly weak [b]retail sales figures[/b].

Data has shown that sales in January fell by 1.2% on a… Read the rest

UK Retail Sales Fall By 1.8%

By Lea Pachta

The Office for National Statistics (ONS) has reported that [b]retail sales[/b] have slumped by 1.8% between December and January, the sharpest fall in 18 months.

The reduction of [b]retail sales[/b] was three times as quick as analysts… Read the rest

Backing for spending cuts delay

More than 60 economists sign two open letters backing the chancellor’s decision to delay spending cuts until 2011.

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UK retail sales suffer sharp fall

UK retail sales slump by 1.8% between December and January, the sharpest drop in 18 months, according to official figures.

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