Tuesday, February 07, 2006 

FT.Com: Survey fuels fears of UK consumer slowdown Fears that Britain might be facing a fresh consumer slowdown will be stoked up on Tuesday by a retail survey showing the weakest high street sales for more than a decade. High street sales last month were the weakest in 11 years according to a survey published by the British Retail Consortium. Analysts have blamed rising household costs - especially fuel bills - and taxes for the damping down of consumer spending - a trend highlighted towards the end of last year by Mervyn King, the Bank of England governor.
posted by Johnny  @ 8:14 AM 4 comments


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