Sales fail to lift UK High Street
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Retail sales dropped at their sharpest rate in four years in January, despite heavy discounting in many stores.
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The pound was stable in early afternoon trading after weaker-than-expected retail sales data.
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The retailer posts strong gains in earnings and sales, but projections disappoint the Street.
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British retail sales volumes fell for a second month running in November and to the weakest level since March, a survey showed on Thursday.
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UK retail sales were better than expected in November as Christmas shoppers began their seasonal flock to the High Street, figures show.
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UK High Street sales dipped in November as higher interest rates hit shoppers' finances, the British Retail Consortium says.
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British retailers have endured their worst Christmas for 10 years, as cautious shoppers failed to bring festive cheer to high street shops, a survey of the sector showed.
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Heavy price cuts help deliver a stronger than expected rise in UK High Street sales, official figures show.
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Last month's bad weather did not have as bad an impact on the High Street as feared, figures show.
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British retail sales volumes fell for a  second month running in November and to its weakest level since  March, a survey showed on Thursday.
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The standtstill in eurozone and UK interest rates, held at 4 per cent and 5.75 per cent respectively, failed to rally European equity markets on Thursday.
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The slow rise in the price of clothing and footwear on the high street has once again helped to keep inflation under control in the UK.
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British retail sales volumes fell for a second month running in November and to its weakest level since March, a survey showed on Thursday.
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HIGH street giant Boots reported a cooling in sales growth today after disappointing summer weather stalled demand for suncare products.
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UK manufacturers did not raise their prices as much as analysts had forecast in June, official figures show.
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LONDON (CBS.MW) -- Activity in the UK housing market is continuing to slow, according to data from two major market participants, though a surprise 1 percent rise in house prices in November helped to offset immediate fears of a market crash.
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The monthly figures may provide some relief however, that the UK housing market is not showing signs of a sustained downward trend after last month&#39;s figures showed a drop in prices of 0.1pc from August.