British retail sales recovered in December as restrictions on shops were eased and consumers bought food and other essentials ahead of Christmas, but the outlook for January was the worst since the summer, a survey showed on Monday. The Confederation of British said its monthly retail sales balance rose to -3 in December from -25 in November, its highest level in three months. But the outlook for January was much more negative with a reading of -33. “It says something about the challenges the retail sector has faced during 2020 that stable sales volumes in the run-up to Christmas were seen as a good result for the ... (full story)