Well here’s something unexpected. UK retail sales grew more than predicted last month with the official figures from the Office for National Statistics showing the volume of goods purchased was up 0.8% month-on-month.
British fashion brands like Victoria Beckham, Vivienne Westwood and Wool and the Gang are set to benefit from an advertising campaign running across three major Chinese and Hong Kong e-tailers next week.
Britain’s statistics watchdog said it was concerned that the retail price index (RPI), an older measure of inflation which is still used as a benchmark for government bonds and consumer contracts, remained in widespre...
The latest UK retail sales figures have surprised City analysts, growing by 1% in August instead of the forecasted 0.2%. The data also suggests consumers are still spending strongly despite price increases.