Rates to Stay Still After Fall in Sales

Summary


Prospects of a further freeze on interest rates this month strengthened with a CBI survey showing a surprising fall in retail sales in January.

The latest Distributive Trades Survey found that the high street has just had its quietest January for six years.

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Extract


Rates to Stay Still After Fall in Sales

Of the retailers surveyed, 33 per cent said sales volumes were down on a year earlier compared with 30 per cent reporting a rise.

The negat...

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