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  • UK retail sales dip in lead up to Autumn Budget - CBI Distributive Trades Survey

    From cbi.org.uk

    Retail sales volumes fell at a modest pace in October, after slight growth last month, according to the latest CBI Distributive Trades Survey. Some firms noted consumers were holding back on their spending due to uncertainty surrounding the Autumn Budget. Looking ahead, firms expect annual retail sales to be broadly flat next month. Key findings included: • Retail sales volumes fell at a modest pace in the year to October, following marginal growth in September (weighted balance of -6% from +4% in September). Retailers expect sales to be broadly flat next month (-1%). • Retailers reported disappointing sales for ... (full story)

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