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03/07/2002
UK retail sales growth slowest for 18 months
Retail sales grew at the slowest rate for 18 months in the year to June according to the latest CBI figures published on Wednesday July 3.
The CBI said the findings support the May survey which suggested a slowdown in the growth of spending was starting to take effect.
Comparing sales with a year earlier, 45 per cent of firms said sales were up while 29 per cent said they were down. The balance of plus 16 in June compares with plus 25 per cent in May and plus 57 per cent in April.
Retailers continue to be optimistic about the month ahead, though this is the second consecutive survey in which sales expectations have not been fulfilled. The balance of plus 16 recorded for sales volumes in June is well below the expected plus 35 per cent.
(MB)
The CBI said the findings support the May survey which suggested a slowdown in the growth of spending was starting to take effect.
Comparing sales with a year earlier, 45 per cent of firms said sales were up while 29 per cent said they were down. The balance of plus 16 in June compares with plus 25 per cent in May and plus 57 per cent in April.
Retailers continue to be optimistic about the month ahead, though this is the second consecutive survey in which sales expectations have not been fulfilled. The balance of plus 16 recorded for sales volumes in June is well below the expected plus 35 per cent.
(MB)
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Figures show retails sales on the rise
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Tesco fail to match Sainsbury over Christmas period
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Tesco fail to match Sainsbury over Christmas period
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Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
Unilever announce first-half profit increase
Consumer goods giant Unilever have announced a 7 per cent rise in half-year pre-tax profits. For the second quarter, Unilever, the name behind some of the best-known products on supermarket shelves - such as Persil detergent, Flora margarine and Dove soap - reported a higher than expected 54 per cent hike in profits.
20 December 2001
Business success relies on effective investment
According to the Department of Trade and Industry there is a positive relationship between effective capital investment (Capex) and company performance.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
