13/09/2001
UK retail sales continue to grow
There is no sign of a slowdown on the high street as August’s retail sales figures reveal that sales are growing at their highest rate since May.
Compared to the same period last year sales are buoyant, up 6.3 per cent, but on the July figures sales grew by 0.5 per cent, down 0.2 per cent on the July increase which was 0.7 per cent.
City markets responded well to the news from the Office of National Statistics that high street sales in August remained healthy. Though concern is growing that the manufacturing sector is continuing to experience problems, the consumer sector and the service sector appear to be holding the UK economy from slipping into a recession.
However, many analysts remain anxious that with all three of the world’s major economic zones on the brink of recession the attack on the US may serve to dent consumer confidence.
Strong consumer spending is viewed as the main factor preventing a slump across the markets and there is increasing speculation that this may have to be stimulated further by a cut in interest rates. (SP)
Compared to the same period last year sales are buoyant, up 6.3 per cent, but on the July figures sales grew by 0.5 per cent, down 0.2 per cent on the July increase which was 0.7 per cent.
City markets responded well to the news from the Office of National Statistics that high street sales in August remained healthy. Though concern is growing that the manufacturing sector is continuing to experience problems, the consumer sector and the service sector appear to be holding the UK economy from slipping into a recession.
However, many analysts remain anxious that with all three of the world’s major economic zones on the brink of recession the attack on the US may serve to dent consumer confidence.
Strong consumer spending is viewed as the main factor preventing a slump across the markets and there is increasing speculation that this may have to be stimulated further by a cut in interest rates. (SP)
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22 March 2002
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
Figures show retails sales on the rise
UK retails sales have exceeded analysts' forecasts, according to the latest official figures which show sales volumes growing at their fastest rate since January 2000. The data from the Office for National Statistics details that retails sales grew by 1.
02 April 2002
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
15 January 2002
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
Tesco fail to match Sainsbury over Christmas period
Figures from Tesco have revealed that its Christmas sales growth failed to match that of archrival J. Sainsbury. Excluding takings from petrol stations, Tesco reported a 6.2 per cent rise in UK Christmas sales for the seven weeks ending on January 5 - compared to that of Sainsbury’s who had a rise of 6.8 per cent.
03 August 2001
Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
17 April 2018
Learn Grow Excel Conference Announced
The NI Chamber has announced the Learn Grow Excel Conference, which is an event for businesses of all sizes and sectors who aspire to grow and trade internationally. This year's Learn Grow Excel Conference will focus on key business areas that are drivers for growth and achieving success in new markets.
Learn Grow Excel Conference Announced
The NI Chamber has announced the Learn Grow Excel Conference, which is an event for businesses of all sizes and sectors who aspire to grow and trade internationally. This year's Learn Grow Excel Conference will focus on key business areas that are drivers for growth and achieving success in new markets.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.