Tuesday, October 30, 2012

Retail sales jump boosts chances of recovery

 

Mugs are seen for sale in a souvenir shop in LondonLONDON (Reuters) - British retail sales picked up more than forecast in October, a survey showed on Tuesday, boosting recovery hopes after last week's growth data showed the country had leapt from recession. The survey among retailers also added to views that the Bank of England will not increase stimulus next week, in particular as the BoE's scheme providing cheap funds to banks drew in most of Britain's lenders, clearing the way for easier credit. ...

Retail sales jump boosts chances of recovery
Tue, 30 Oct 2012 20:28:36 GMT

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