A shopper walks past a ‘Sale 50% off’ sign displayed on the window of a retail store on Oxford Street in London, Britain, August 27, 2024. REUTERS/Hollie Adams/File Photo LONDON (Reuters) -British retail sales rose by a stronger-than-expected 1% in August and growth in July was revi...
LONDON (Reuters) - British retail sales fell by much more than expected in October, according to official data that added to other signs of a loss of momentum in the economy in the run-up to the first budget of Prime Minister Keir Starmer's new government. Sales volumes dropped by 0.7...
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EUR/USD News GBP/USD pares UK data-led gains at around 1.3050 GBP/USD is trading at around 1.3050 in the second half of the day on Friday, supported by upbeat UK Retail Sales data and a pullback seen in the US Dollar. Later in the day, comments from Federal Reserve officials wil...
UK online retail sales are forecast to accelerate 4.5% in 2025 to £128.8bn, the strongest annual growth since 2021.
The USD moved rather steadily to the upside soon after the news release. On the 19th, the U.K. retail sales report showed that volumes (quantity bought) are estimated to have fallen by 1.2% in June 2024, following a rise of 2.9% in May 2024. The GBP deprec...
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Robertson said that under the current downturn, retail sales were small. Improve It is positive news, but consumer spending growth is lower than inflation rate, indicating that consumer spending is less than the same period last year, so there is no guarantee that the growth of next month's ...
According to the British Retail Consortium/KPMG Retail Sales Monitor for July 2013, retail sales values were up 2.2 percent on a like-for-like basis. On a total basis, they were up 3.9 percent, which is the fastest July growth since 2006. It has been driven by the warm weather which ...
News and headlines on the state of the UK economy. The latest economic data, reports and updates from the UK, including Budgets and inflation forecasts.