
British inflation has surged to its highest in more than 10 years, jumping to 5.1% and potentially unsettling the Bank of England a day before it announces whether it is raising interest rates.
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British inflation has surged to its highest in more than 10 years, jumping to 5.1% and potentially unsettling the Bank of England a day before it announces whether it is raising interest rates.
UK retail sales volumes edged up 0.8% month-on-month in October as sales by value rose 1.6%, the ONS said on Friday. And volumes were also 5.8% higher than their pre-pandemic levels, with value sales 8.9% higher.
Retail sales failed to impress last month, official UK figures showed on Friday, but the under-pressure fashion sector came out of it relatively well compared to other product sectors.
August retail sales volumes surprisingly fell, on a month-on-month basis, in Britain the ONS said Friday. Volumes were down by 0.9%, with non-food store sales volumes down 1%, driven by a 3.7% fall at department stores
UK retail sales dropped last month, according to official data, which suggested many consumers were more focused on England's unexpected progress in the Euro 2020 football tournament than going shopping.
Uk retail sales rose last month, official figures showed, although clothing was down. That said, consumers are still buying fashion online in higher numbers than ever.
Fashion sales in stores were lower last month compared to April, the ONS said on Friday. But they remained buoyant online and in a reasonably strong position generally, the figures showed.
The reopening of pubs, restaurants and entertainment venues on Monday boosted footfall to the West End this week, which would have had a positive knock-on effect on retailers in the district.
What a bounce-back! UK retail sales volumes grew sharply last month as non-essential stores in England and Wales reopened mid-month and Scotland joined them in the closing days of April. Clothing had a very good time.
UK retail sales proved strong in March as consumers got ready for the end of lockdown by purchasing new clothes, official figures from the Office for National Statistics (ONS) showed on Friday.