Warning: ereg(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Europe/London' for 'BST/1.0/DST' instead in /home/searchgo/public_html/app/app.class.php on line 43 Deprecated: Function ereg() is deprecated in /home/searchgo/public_html/app/app.class.php on line 43 Strong UK CBI retail sales data masks mixed sector fortunes - Business news - Search and Go
Warning: eregi_replace(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected 'Europe/London' for 'BST/1.0/DST' instead in /home/searchgo/public_html/app/app.class.php on line 1195 Deprecated: Function eregi_replace() is deprecated in /home/searchgo/public_html/app/app.class.php on line 1195

Strong UK CBI retail sales data masks mixed sector fortunes

LONDON (Reuters) - Retail sales improved more than expected in February, but masked a strongly diverging trend among retailers as shoppers focused on essentials, a survey by the Confederation of British Industry showed on Tuesday. The CBI's monthly distributive trades survey's reported sales balance rose to -2 from -22 in January, versus economists' forecasts for -19, in a further sign that consumers are cautiously returning to the shops. The expected sales balance for December climbed to +2 for March from -10 for February. ...

Click here to read the rest of this article.

Add to: Add to Delicious del.cio.us, Add to Digg Digg, Add to Yahoo Yahoo!, Add to Google Google

Other articles in the Business news section

EU watchdog unveils caps for bank bonuses... 1 hours ago

By Huw Jones LONDON (Reuters) - EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash. The headline figure was leaked last Friday, triggering warnings by banks in the European Union that they may lose staff to other parts of the world, and that London, the bloc's top financial centre, could be damaged. Accounting firm PwC predicted that the number of London bankers affected... ...more

Government plans to boost fund industry... 1 hours ago

LONDON (Reuters) - Britain has launched a campaign to attract more investment fund money to the country, with plans for tax breaks, cutting red tape and marketing campaigns in Asia and the Americas. In speeches to fund management executives on Tuesday afternoon, Treasury ministers Sajid Javid and Greg Clark said they aim to reverse a weakening of the UK's dominance as a centre for the funds industry. While London and Edinburgh are the locations for teams of fund managers at firms such as Schroders... ...more

Buckley Shortlisted For Top Smiths Job... 1 hours ago

Sir George Buckley, one of Britain's most seasoned industrialists... ...more

Europe oil probe seeks market abuse... 1 hours ago

By Dmitry Zhdannikov and Peg Mackey LONDON (Reuters) - The European Commission is asking oil traders across the continent to provide evidence of market abuse to determine whether companies sought to manipulate ...more

Exclusive - Intel CEO shakes up units... 1 hours ago

By Noel Randewich SAN FRANCISCO (... ...more

Apple Boss Tim Cook Grilled Over Tax 2 hours ago

Apple boss Tim Cook is giving testimony to a US Senate committee over... ...more

Other news