UK retail sales buoyed by early Easter despite drag on clothing
9 April 2013 2:05am
BRITISH retailers enjoyed a second consecutive month of resilient sales as a strong demand for food and drink over the early Easter weekend helped offset a dismal month for fashion sales.
Total sales rose 3.7 per cent in March compared with a year earlier, down from 4.4 per cent growth in February, according to data from the British Retail Consortium (BRC) and KPMG released this morning.
In like-for-like terms sales rose 1.9 per cent against March 2012.
Easter falling a month earlier this year helped bolster purchases of food as well as homewares.
But the cold weather led to a slump in new season clothing and footwear sales. Analysts warned Marks & Spencer could reveal a quarterly fall in clothing sales of up to six per cent on Thursday.
In other news
There were delays of up to 30 minutes to trains in and out of Kings Cross Station, after the station was re-opened [Read more]
When a 20-year-old footballer publicly declares he wants to leave a club and his agent hurls insults at one of [Read more]
The outbreak of bird flu in the US is leading to an unprecedented situation for companies reliant on eggs – [Read more]
Germany's finance ministry has denied reports it was considering offering Greece its own parallel currency. [Read more]
Chancellor George Osborne was given a boost today, as higher tax receipts helped shrink the deficit by more than [Read more]
Beleaguered spread-betting firm Plus500 today suspended trading in its shares on London's junior market, following [Read more]
The news that card and electronic transactions have overtaken cash as the UK’s preferred method of payment is [Read more]
Despite the crippling effect of election uncertainty, offers received in April were up 15 per cent on last year [Read more]
Former secretary of state for communities and local government Eric Pickles is to be knighted, 10 Downing Street [Read more]
Network Rail engineers have destroyed the Abbey Wood station as part of the Crossrail development that is expected [Read more]
The Championship looks set to once again be named the fourth most-watched league in Europe, following a seven [Read more]
The Costa Coffee owner said Brittain was "the standout candidate from a very strong field". [Read more]
Sugary foods may be taxed to cover the costs of treating obesity, a government minister has said.
European governments must increase efforts to adopt structural reform if “lasting stability and prosperity” [Read more]
Accounting, finance and economics - choose to study any of these subjects anywhere and you'll be likely to land [Read more]
Badly-behaved bosses are a nightmare if you're the unfortunate employee who has to work for them - but they're [Read more]