"Today the CBI stated that U.K. retailers saw good growth in sales in January and expect this to continue into February. Around 50% of retailers said that sales volumes were up in January, while 10 percent said they were down, giving a rounded balance of +39% with consensus estimate of +32%. Nonetheless, the sales volumes rose at a slower pace than in December, which benefited from bumper Black Friday sales."Following the results of the Distributive Trades Survey – carried out by the Confederation of British Industry (CBI) – here at Hume Capital we talk U.K. retail, and growth in 2015.
Read the article, in full, right now on the Hume Capital Securities plc blog.
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