DIRS.INFO The most relevant business & tech news

☆ UK retail sales slide by most in over two years: CBI
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +1 min

LONDON, Aug 24 (Reuters) - British retail sales fell in August at the fastest rate since March 2021 and most stores are expecting another tough month ahead, an industry survey showed on Thursday. The Confederation of British Industry's monthly balance of retail sales, which compares volumes with a year ago, fell to -44 in August from -25 in July. Expectations for the month ahead improved to -21 from -32, but were still deeply negative. The quarterly business situation balance - a gauge of sentiment among retailers - fell to -14 from +6 in May, the lowest reading this year. The CBI data echoed industry data earlier this week that showed sales growth at British supermarkets slowed in August, reflecting lower inflation as well as a hit to demand from unsettled, unseasonably wet weather.

Persons: Martin Sartorius, NIQ, Andy Bruce, David Milliken Organizations: British, CBI, Thomson

☆ A grocery chain is offering free coffee to cops in an attempt to deter shoplifters
▼ + stars: | 2023-08-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

British grocery chain Waitrose is offering free coffees to cops under a plan to deter shoplifters. Assaults on staff at Waitrose stores have roughly doubled since 2020, The Times of London reported. Waitrose, an upmarket grocer with more than 300 stores, has begun offering uniformed officers free hot drinks from its coffee machines and will ask them to bring a reusable cup. Parent company John Lewis Partnership said in a press release shared with Insider that the initiative was "part of efforts to strengthen relationships and tackle retail crime." It's trialing increasing the number of security, warning customers that CCTV is in use and that shoplifters face jail time.

Persons: John Lewis, Nicki Juniper, John Lewis Partnership's, It's, Juniper, BRC Organizations: Waitrose, shoplifters, Service, John Lewis Partnership, Partners, The Times, British Retail Consortium, BBC News Locations: London, Wall, Silicon, England, Wales, Northern Ireland

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. The People's Bank of China (PBOC) set a much stronger-than-expected daily fixing, lifting the yuan from a 9-month low hit on Thursday. The yuan weakened against the dollar to 7.3060 in offshore trading after the PBOC set the official mid-point at 7.2006, more than 1,000 pips stronger than Reuters' estimate. China's economic troubles have deepened, with property developer China Evergrande (3333.HK) seeking Chapter 15 protection in a U.S. bankruptcy court. The Japanese yen strengthened 0.38% versus the greenback at 145.29 per dollar after reaching a nine-month low of 146.56 on Thursday.

Persons: Florence Lo, Joe Manimbo, it's, we've, Joseph Trevisani, that's, Hannah Lang, Joice Alves, Kevin Buckland, Sharon Singleton Organizations: REUTERS, Rights, People's Bank of China, Reuters, China, HK, U.S, Federal, Thomson Locations: U.S, Convera, China, Washington, London, Tokyo

☆ Safe-haven dollar hovers around 2-month high on China woes, high rates fear
▼ + stars: | 2023-08-18 | by ( Joice Alves | ) www.reuters.com time to read: +4 min

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. "High yields and growing risks in China suggests the balance of risks is moderately tilted to the upside for the dollar," he added. The U.S. dollar index , which measures the currency against six peers, edged 0.1% higher at 103.53, after touching a two-month high at 103.59 on Thursday. ING'S Pesole said the single currency has been surprisingly resilient given the euro zone’s economic exposure to China. Against the yen, the dollar eased 0.3% to 145.38 , after reaching a nine-month peak of 146.56 on Thursday.

Persons: Florence Lo, Francesco Pesole, ING'S Pesole, Joice Alves, Kevin Buckland, Sharon Singleton Organizations: REUTERS, People's Bank of China, Reuters, China, HK, U.S, ING, Federal, Thomson Locations: Thursday's, U.S, Beijing, China, London, Tokyo

☆ Morning Bid: China sets sombre tone with property turmoil
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Staff/File Photo Acquire Licensing RightsA look at the day ahead in European and global markets from Kevin BucklandChina continues to set the mood for markets, and the tone is unswervingly sombre. Such hopes may have bolstered Chinese property shares in the Asian morning, but the wider markets in China and the rest of the region were gloomy. The Hang Seng Index sank about 0.7%, with mainland Chinese, Japanese and South Korean shares all also down. The People's Bank of China was signalling its intent to shore up the yuan again today, setting the official mid-point a whopping 1,000 pips stronger than the Reuters estimate. And with U.S. benchmark yields heading for pre-financial crisis highs, the yield gap between the two economies is yawning.

Persons: Kevin Buckland China, China Evergrande, Will, Philip Lane, Kevin Buckland, Edmund Klamann Organizations: Silicon Valley Bank, Credit Suisse, REUTERS, Staff, South, People's Bank of, Fed, Bank of England, ECB, Thomson Locations: Frankfurt, Silicon, Germany, China, U.S, People's Bank of China, Will China, Japan, Tokyo, Europe, Asia

☆ Why Deutsche Bank is backing British high street stalwart Marks & Spencer for a comeback
▼ + stars: | 2023-08-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Deutsche Bank is backing British high street stalwart Marks & Spencer for a comebackAdam Cochrane, general retail and luxury equity research analyst at Deutsche Bank, discusses the earnings of Marks & Spencer and why he is optimistic about the British retailer's future.

Persons: Marks, Spencer, Adam Cochrane Organizations: Deutsche Bank Locations: British

☆ European shares open lower as rate jitters, China woes loom large
▼ + stars: | 2023-08-18 | by ( ) www.reuters.com time to read: +2 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 17, 2023. As of 0703 GMT, the pan-European STOXX 600 (.STOXX) was down 0.5% and poised for its fourth consecutive day of losses, if trend holds. Surging bond yields have pressured equities this week, with the STOXX 600 headed for a weekly fall of nearly 2%. European miners (.SXPP), who also face an exposure to China, fell 1.1% in early trade. UK's blue-chip FTSE 100 (.FTSE) fell 0.6% after data showed British retail sales slumped more sharply than expected in July.

Persons: Hermes, Shashwat Chauhan, Sherry Jacob, Phillips Organizations: REUTERS, Staff, China Evergrande, HK, EQT, Thomson Locations: Frankfurt, Germany, China, U.S, Bengaluru

Official data showed sales volumes last month were 1.2% lower than in June. Food stores sales volumes fell by a monthly 2.6% while non-food stores sales volumes fell by 1.7%. However, July's data represented only the second time that sales volumes fell on a month-to-month basis so far in 2023, suggesting resilience in consumer demand. Market research firm GfK reported last month that consumer confidence fell in July for the first time since January. Retail sales volumes were 3.2% lower than a year earlier, the ONS said, compared with economists' forecasts for a 2.1% decline.

Persons: Sterling, Heather Bovill, Ruth Gregory, GfK, Samuel Tombs, BoE, Tombs, Spencer, James Davey, Kate Holton, Susan Fenton Organizations: Reuters, Office, National Statistics, Department, Bank of England, Capital Economics, Macroeconomics, Thomson

☆ 'Beat factor': Bank of America names top out-of-consensus global stocks to buy. Here are 12 of them
▼ + stars: | 2023-08-17 | by ( Lucy Handley | ) www.cnbc.com time to read: +1 min

Bank of America named a number of buy-rated European stocks its analysts are most positive on. The bank ranked stocks based on "beat factor" — its analysts' most out-of-consensus stock ideas based on price objectives and earnings estimates — in its Aug. 11 research note. The bank is 6% above consensus on the company, in terms of earnings per share for the 2023 fiscal year. Banks on BofA's beat list include Dutch firm ING and French company BNP Paribas . Small and midsized companies BofA also named several small-to-midsized firms on a list of European Beat Factor Top 10 stocks, all of which it is buy-rated on.

Persons: Banks, BofA Organizations: of America, Defense, Thales, ING, French, BNP, Smiths Group, Logitech, Wizz

☆ UK stocks tumble as record wage growth spurs rate hike worries
▼ + stars: | 2023-08-15 | by ( Siddarth S | ) www.reuters.com time to read: +2 min

A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. "Speed of wage growth will support the more hawkish end of the Bank of England. The exporter-heavy FTSE 100 index (.FTSE) declined 1.2% by the first hour of trading, while mid-cap stocks (.FTMC) also fell 0.7%. Life Insurance stocks (.FTNMX303010) fell over 2%, leading sectoral losses, dragged down by an over 3% drop in shares of British insurer Legal & General (LGEN.L). Most sectoral indexes were in the red after the wage growth data, while mid-cap stocks (.FTMC) also fell 0.7%.

Persons: Suzanne Plunkett, BoE, Richard Flax, Spencer, Siddarth, Rashmi Aich, Maju Samuel Organizations: London Stock Exchange, REUTERS, Legal, Bank of England, Money, Life Insurance, Thomson Locations: London, Britain, Bengaluru

☆ Britain's M&S raises profit outlook after strong trading
▼ + stars: | 2023-08-15 | by ( James Davey | ) www.reuters.com time to read: +3 min

[1/2] A Marks and Spencer logo is seen on an advertisement outside of a store in London, Britain, May 23, 2018. The 139-year old group, whose shares have risen 66% so far this year, said it now expected profit growth in its full 2023-24 year, having previously forecast a small decline. Clothing group Next (NXT.L) upgraded its profit forecast earlier this month, lifting it for the second time in three months. M&S said in the first 19 weeks of the year like-for-like food sales grew over 11%, while clothing & home sales were up over 6% on the same basis. Clive Black at Shore Capital, the house broker, said sentiment around M&S had taken a long time to improve after other turnarounds failed to materialise, but he lifted his profit outlook by 9%.

Persons: Marks, Spencer, Toby Melville, Stuart Machin, Clive Black, James Davey, Yadarisa, Rashmi Aich, Kate Holton, David Evans Organizations: REUTERS, Marks, Shore Capital, Thomson Locations: London, Britain, Bengaluru

☆ UK retailer John Lewis boosts AI capability with Google deal
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

Aug 9 (Reuters) - British retailer John Lewis Partnership has agreed a five-year deal with Alphabet Inc's (GOOGL.O) Google Cloud, enabling it to harness the latest artificial intelligence (AI) and machine learning (ML) technology. The employee-owned partnership, which runs John Lewis department stores and the Waitrose supermarket chain, said on Wednesday the new agreement, which builds on a decade-long relationship with Google Cloud, was worth 100 million pounds ($127 million). Under the expanded agreement, more of the partnership's technology will migrate to Google Cloud. Google Cloud agreed a similar deal with European home improvement retailer Kingfisher(KGF.L) last November. Zak Mian, the John Lewis Partnership's chief transformation and technology officer, said an example was customers using an image scanning feature in their John Lewis App to show its home design stylists a room they're looking to furnish.

Persons: John Lewis, Zak Mian, John Lewis Partnership's, Prerna Bedi, James Davey, Nivedita Bhattacharjee, Sachin Ravikumar Organizations: John, John Lewis Partnership, Google, Waitrose, Thomson Locations: Bengaluru, London

☆ Bank of England's next move divides economists as data paints a mixed picture
▼ + stars: | 2023-08-02 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | ReutersLONDON — Market expectations are split over the Bank of England's next monetary policy move on Wednesday, as policymakers near a tipping point in their fight against inflation. The other 38% of market participants expect a second consecutive 50 basis point hike, after the central bank surprised markets with a bumper increase in June. watch nowThe British economy has proven surprisingly resilient, despite a run of 13 consecutive rate hikes from the Bank of England. "While core inflation surprised to the downside in June, services inflation momentum remains strong.

Persons: Andrew Bailey, Goldman Sachs, James Moberly, Ibrahim Quadri, Jari Stehn, BoE, Goldman, —, Abbas Khan, Mariano Cena, Silvia Ardagna, Matthew Swannell, Paul Hollingsworth, Andrew Bailey's Organizations: Bank of England, Press, Bank of, Monetary, British Retail Consortium, MPC, Fed, ECB, U.S . Federal Reserve, European Central Bank, PMI, Bank of England's, Barclays, BNP Paribas Locations: London, Britain, Sintra

☆ UK shop price inflation eases in July: BRC
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

The British Retail Consortium said annual shop price inflation cooled to 7.4% in July, down from 8.4% in June. Prices fell in month-on-month terms for the first time in two years, the BRC said. The BRC's inflation measure captures prices of goods sold in-store and is seen as a leading indicator for the broader official consumer price index, which measures services and energy costs. Clothing and footwear was the biggest downward driver for shop prices in July, the BRC said, while food price inflation fell to its lowest level this year. The latest official data showed Britain's high rate of inflation fell by more than expected in June and was its slowest in over a year at 7.9%%.

Persons: Helen Dickinson, Andy Bruce Organizations: British Retail Consortium, Initiative, Bank of England, Thomson Locations: India

☆ 'Good value, low risk, high quality': BofA names top Europe stocks to beat a recession
▼ + stars: | 2023-07-25 | by ( Lucy Handley | ) www.cnbc.com time to read: +2 min

Bank of America has named multiple European "top stocks" it says are of "good value, low risk" and "high quality." All of them turned up on "recession screens" for July, in a market BofA described as a being in a recession style cycle. The euro zone entered recession in the first quarter of the year, according to economic data released last month. Energy companies the bank named include Shell , German company EON and Italian firm Enel . During recession cycles, investors have benefited from being overweight on value stocks rather than growth stocks, as well as on stocks with strong balance sheets and lower risk, BofA added, citing research based on a testing period between 1992 and 2003.

Persons: EON, Reckitt, BofA, — CNBC's Michael Bloom Organizations: of America, Roche, Novartis, Sanofi, GSK, Volvo, Benz, Ferrari . Energy, Shell, Unilever, Lysol, Hikma Pharmaceuticals, Auto Locations: Howden

☆ British retail sales beat expectations in June
▼ + stars: | 2023-07-21 | by ( David Milliken | ) www.reuters.com time to read: +2 min

LONDON, July 21 (Reuters) - British retail sales rose more than expected in June, boosted by unusually hot weather and a rebound in food sales after a dip the month before when public holidays disrupted normal spending patterns, official figures showed on Friday. Retail sales volumes in June were 0.7% higher than in May, the Office for National Statistics said, a bigger increase than the 0.2% forecast by economists in a Reuters poll. Sales volumes were 1.0% lower than a year earlier, beating economists' forecasts for a 1.5% decline. "Retail sales grew strongly, with food sales bouncing back from the effects of the extra bank holiday, partly helped by good weather, and department stores and furniture shops also having a strong month," ONS chief economist Grant Fitzner said. The ONS data showed a 7.8% annual rise in the value of retail sales excluding fuel.

Persons: Grant Fitzner, King Charles ', Sterling, David Milliken, Kate Holton, Andrew Heavens Organizations: National Statistics, U.S, Industry, British Retail Consortium, Thomson

☆ UK consumer group calls for government action on grocery prices
▼ + stars: | 2023-07-16 | by ( James Davey | ) www.reuters.com time to read: +3 min

says supermarket prices have risen 25.8% in two yearsSome prices have jumped by as much as 175%, consumer group saysRetailers say they have absorbed cost increasesLONDON, July 17 (Reuters) - British consumer group Which? has urged the government to take action to support households when the competition watchdog publishes its review of grocery pricing, saying some food prices have jumped by as much as 175% since 2021. found that supermarket prices rose by 25.8% between June 2021 and June 2023. Food prices have been driven up by increased costs for animal feed, fertiliser and fuel as well as energy and labour. While the UK government has raised concerns about soaring food prices it has said it was not considering imposing price caps.

Persons: Phil Noble, Jeremy Hunt, Helen Dickinson, James Davey, David Goodman Organizations: REUTERS, Tesco, Asda, Waitrose, Markets Authority, CMA, British Retail Consortium, Thomson Locations: Altrincham, Britain, British, Morrisons, Aldi, Europe, Hungary

London CNN —A rising number of British stores are using a facial recognition system powered by artificial intelligence to identify repeat shoplifters in what one human rights group has called the spread of “airport-style security” on the high street. Human rights groups say this type of technology flouts people’s right to privacy and often makes mistakes. Facewatch also retains shoppers’ data for only two weeks — half the amount of time a regular “CCTV” security camera in the UK typically stores footage. But Gordon is confident Facewatch’s system doesn’t have any bias and stresses that it is supported by human staff who’ve been trained in facial recognition. Last month, the European Parliament agreed to ban the use of real-time, AI-powered facial recognition technology in public spaces.

Persons: Simon Gordon, “ We’re, ”, Stephen Bell, ” Gordon, flouts, Madeleine Stone, ’ Gordon, “, Facewatch, Stone that’s, you’re, Gordon, who’ve, They’re, Stone, Suzie Howell Organizations: London CNN, CNN, Big Brother Watch, “, British Retail Consortium, Big Brother, New York Times Locations: “, United Kingdom, England, Wales, Northern Ireland, United States, Bristol

Another source inside Barclays' investment bank, talking anonymously because they are not authorised to speak to the media, said lower staff attrition at its technology and back office operations had started to worry cost-conscious managers. The BCG review could lead to layoffs, the source familiar with the review said, although no decisions have been made. Some top Barclays investors, however, told Reuters they would have misgivings about a plan to prioritise investment over capital distributions. But a recent shake-up at its investment bank has raised concern about Barclays' ability to compete amid a worldwide dealmaking slump. They are not valued properly together," said Alan Beaney, chief executive at RC Brown Investment Management, which has held Barclays shares since 2012.

Persons: C.S, shivers, Richard Marwood, Venkat, Edward Bramson, Richard Buxton, Alan Beaney, Elisa Martinuzzi, Mark Potter Organizations: Barclays, Boston Consulting, Reuters, Royal London Asset Management, Lehman Brothers, Jupiter Asset, RC Brown Investment Management, BNP, HSBC, Reuters Graphics Barclays, Jefferies, Thomson Locations: U.S, Africa

☆ Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
▼ + stars: | 2023-07-10 | by ( Suban Abdulla | ) www.reuters.com time to read: +2 min

The BRC said retail spending increased by 4.9% in annual terms in June - roughly in line with its average this year, though stronger than May's 3.9% and a 1.0% drop a year earlier. However, the BRC data is not adjusted for inflation, so last month's increase in spending still reflects a fall in the volume of goods purchased. Previous BRC data showed prices among its members were up by an annual 8.4% on average in June, rising to 14.6% for food, despite a drop in the cost of some food products. Over the second quarter as a whole, food spending was up 9.8% while non-food spending grew just 0.3%. Paul Martin, UK head of retail at accountants KPMG, who sponsor the data, said stubborn food inflation was reducing shoppers' ability to spend on non-essential items.

Persons: Paul Martin, Martin, Will Hobbs, Hobbs, Suban Abdulla, David Milliken Organizations: British Retail Consortium, KPMG, Consumers, Bank of England, Barclays, Thomson Locations: Britain

☆ Ocado drops after media report of Amazon denying possible bid
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: 1 min

LONDON, June 28 (Reuters) - Ocado (OCDO.L) shares fell as much as 11% on Wednesday, with traders attributing the drop to a media report that Amazon (AMZN.O) had denied speculation it would make a bid for the British retail company. Shares in Ocado were down 6.5% at 1430 GMT, while Amazon shares were up 1.4%. On June 22, Ocado shares soared more than 40% after a report in the Times newspaper of possible bid interest in the online supermarket and technology group, including from Amazon. An Amazon spokesperson repeated the company's position on Wednesday that it had no comment on the Times report. Reporting by Lucy Raitano, James Davey and Joice Alves; Editing by Amanda Cooper and Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Ocado, Lucy Raitano, James Davey, Joice Alves, Amanda Cooper, Jan Harvey Organizations: Times, Amazon, Reuters, Thomson

☆ European shares rise as China optimism lifts miners
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +1 min

June 27 (Reuters) - European shares rose on Tuesday as miners gained after hopes of more policy support from China lifted metal prices, while shares of JD Sports dipped even after the British retailer stuck to its profit forecast. The pan-European STOXX 600 index (.STOXX) was up 0.5% by 0813 GMT, after falling for six sessions in a row. China's Premier Li Qiang said the country's economic growth in the second quarter would be higher than the first and was expected to reach the annual economic growth target of around 5%. JD Sports Fashion (JD.L), however, fell 4.1% to the bottom of the STOXX 600 after the company flagged some softening in trade in its North American business in June. Reporting by Amruta Khandekar; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Li Qiang, Christine Lagarde, Amruta Khandekar, Rashmi Organizations: JD Sports, Miners, Prudential Plc, European Central Bank, Thomson Locations: China, Sintra

☆ Online's share of UK grocery market dips as heat pushes shoppers to stores
▼ + stars: | 2023-06-27 | by ( James Davey | ) www.reuters.com time to read: +2 min

SummarySummary Companies Online was 10.4% of total UK grocery market in JuneStores saw extra 34 mln visits year-on-yearM&S is fastest growing grocer after discountersLONDON, June 27 (Reuters) - Online's share of Britain's grocery market slowed further in June as hot weather encouraged shoppers to visit stores for drinks and refreshments, industry data showed on Tuesday. Online's share of the total grocery market in Britain was about 7% before COVID-19. "It’s no surprise that online grocery sales have taken a bit of a hit as there was less of a need to order in a big grocery shop." Total grocery sales rose 12.4% over the four weeks, with sales in the week to June 17 hitting 2.9 billion pounds - the second strongest week this year behind Easter. Marks & Spencer's (MKS.L) sales rose 15.4%, keeping its spot as the fastest growing after the discounters.

Persons: NIQ, Mike Watkins, NIQ’s, Kantar, James Davey, Aurora Ellis Organizations: LONDON, Aldi, Lidl, British Retail Consortium, Thomson Locations: Britain

☆ Morning Bid: Fragile markets wait on PMIs
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +2 min

Japan's Nikkei (.N225) looks set to snap a 10-week winning streak and the MSCI Asia ex-Japan index was poised for its worst week of the year, as rates and inflation look higher for longer. The yen earned some reprieve, but it's shaky and at 143 to the dollar is firmly in intervention-watch territory. The Aussie, a growth bellwether, is quickly unwinding a two-week rally and Aussie stocks (.AXJO) are down 3% in three days. The sour turn leaves markets in a delicate spot ahead of global purchasing managers' index surveys due through the day. Reuters GraphicsReuters GraphicsKey developments that could influence markets on Friday:Europe, UK and U.S. PMIsUK Retail SalesReporting by Tom Westbrook; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Tom Westbrook, Sterling, Threadneedle, Muralikumar Organizations: Bank of England's, Japan's Nikkei, Reuters Graphics Reuters, PMIs, Thomson Locations: Asia, Japan, China, Lira, Europe

☆ UK shoppers boost spending again despite inflation's squeeze
▼ + stars: | 2023-06-23 | by ( William Schomberg | ) www.reuters.com time to read: +3 min

But Friday's retail sales figures showed that, at least for now, British consumers were weathering the cost-of-living storm. "But our view is still that the growing drag on activity from higher interest rates will eventually tip the economy into recession, generating a 0.5% peak to trough fall in real consumer spending." The statistics agency said the one-off holiday to celebrate the king's coronation was not factored into its seasonal adjustments, meaning it helped to boost the sales volumes reading. Retail sales volumes in May were 2.1% lower than a year earlier. The Reuters poll of economists had pointed to a fall of 2.6% in sales volumes on an annual basis.

Persons: Sterling, King Charles, Ruth Gregory, Samuel Tombs, Heather Bovill, William Schomberg, William James, Catherine Evans Organizations: Bank of, Bank of England, U.S ., Office, National Statistics, Capital Economics, ONS, Reuters, Thomson Locations: Britain

Search resuls for: "British Retail"

25 mentions found