Focus on Welsh Business

Retail sales down 1.8% as snow hit the high street

admin — Fri, 19 Feb 2010 11:30:20 +0000

Retail sales slumped in January as heavy snow blitzed the high street, official figures showed today.

Big boys could give cold comfort to smaller firms

admin — Fri, 19 Feb 2010 11:30:19 +0000

LARGER businesses should provide financial support to smaller “brethren” as the economy goes through a credit-less recovery, according to a leading economist.

UK Retail Figures: Kicking The Economy When It’s Down

admin — Fri, 19 Feb 2010 11:30:19 +0000

By Lea Pachta

Already reeling after worse-than-expected public finances data on Thursday, the UK economy has received another knock this morning following particularly weak [b]retail sales figures[/b].

Data has shown that sales in January fell by 1.2% on a month by month basis, the biggest monthly fall since March 2009….

UK Retail Sales Fall By 1.8%

admin — Fri, 19 Feb 2010 11:30:18 +0000

By Lea Pachta

The Office for National Statistics (ONS) has reported that [b]retail sales[/b] have slumped by 1.8% between December and January, the sharpest fall in 18 months.

The reduction of [b]retail sales[/b] was three times as quick as analysts have predicted.

ONS said the heavy snowfall at the beginning of…

Backing for spending cuts delay

admin — Fri, 19 Feb 2010 11:30:17 +0000

More than 60 economists sign two open letters backing the chancellor’s decision to delay spending cuts until 2011.