Asda warns of shopper misery as sales drop

first_imgTuesday 17 August 2010 7:59 pm SUPERMARKET chain Asda said yesterday shoppers were being hit in the pocket by government cuts as like-for-like sales excluding fuel fell 0.4 per cent in the second quarter.The chain said its market share had reduced in the 12 weeks to 11 July as total sales crept up “in the low single digits”.Chief executive Andy Clarke said: “These are increasingly uncertain times for millions of families across the UK.” The slip in sales follows a 0.3 per cent decline in the first three months of the year, which was the first fall since early 2006.The company added: “Customers are facing challenges from recently announced tax increases and cuts in government spending.”Meanwhile Asda’s US owner Walmart announced a better-than-expected 3.6 per cent rise in profit, but with revenue which was below estimates.MORRISONS GAINS MARKET SHAREASDA and rival Tesco lost ground to Sainsbury’s and Morrisons in the 12 weeks to 8 August, with both growing at a slower rate than the 4.5 per cent advance seen by the wider market over the year, according to industry figures. Kantar Worldpanel, which tracks the weekly sales of the big supermarkets, said Asda was sitting on a market share of 16.9 per cent, compared with 17.2 per cent in the equivalent period a year ago. Market leader Tesco also slipped to 30.8 per cent from 31 per cent a year ago. Morrisons and Sainsbury’s however both added 0.2 per cent to their market share to 11.6 per cent and 16.1 per cent respectively. KCS-content Tags: NULL More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Asda warns of shopper misery as sales drop center_img whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoBleacherBreakerClosing Time: All The Restaurant Chains ClosingBleacherBreakerUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoForbes14 Richest Black Billionaires RankedForbesUndoOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndo Show Comments ▼ Share whatsapplast_img read more

Record for foreigners in UK shopping bonanza

first_img LAST month was the busiest on record for international shoppers hitting UK stores, a new survey showed today.Sales were up 18 per cent with shoppers from China, Russia, Thailand and Malaysia leading the boom. The hike came despite Middle Eastern shoppers heading home for religious festival Ramadan during the month. The growth in Chinese shoppers was 73 per cent. They snapped up luxury items, particularly watches. Meanwhile Thai shoppers were up 71 per cent, Russians 45 per cent and Malaysians 44 per cent. Nigel Dasler, vice president of financial service company Global Blue which carried out the research, said: “We have seen a concentration and increase in spend from the Middle East market.” Record for foreigners in UK shopping bonanza Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof whatsapp Monday 6 September 2010 8:42 pm KCS-content Show Comments ▼ Share whatsapp Tags: NULLlast_img read more

South Korean banking governor criticises Japan’s currency sale

first_img Show Comments ▼ Sunday 19 September 2010 10:19 pm SOUTH Korea’s central bank chief has poured scorn on Japan’s currency intervention, saying he was sceptical that Japan will succeed in stemming the yen’s strength without the help of other major currency issuers.“When it comes to Japan, there’s no doubt it can’t be achieved through a single country’s effort,” Bank of Korea governor Kim Choong-soo told reporters, asking for his comments to be reported during the weekend. Japan sold an estimated 1.8 trillion yen (£13.4bn) on Wednesday in the country’s first currency market intervention in six years in an attempt to stem the yen’s strength.However the unilateral move has drawn criticism from around the world. The country’s prime minister Naoto Kan remained defiant last week, talking up the possibility that the government could step into the currency market again. “Policy coordination is necessary between countries, such as between China and Japan,” said Kim.South Korean finance minister Yoon Jeung-hyun also said on Wednesday that Japan had not contacted his ministry about possible coordination on Tokyo’s currency intervention. whatsapp whatsapp KCS-content South Korean banking governor criticises Japan’s currency sale More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Share Tags: NULLlast_img read more

ANALYST VIEWS: IS THE HOUSING MARKET SLIDE SUGGESTING THAT THE ECONOMY IS HEADING BACK INTO RECESSION?

first_img whatsapp KCS-content Share whatsapp Sunday 19 September 2010 10:39 pm Show Comments ▼center_img HOWARD ARCHER | GLOBAL INSIGHT“The more worried that consumers are, the more reluctant they will be to commit to buying a house. It is notable that surveys have recently been showing reduced buyer interest. Given this backdrop, we suspect that house prices could fall by around 10 per cent between now and the end of 2011.”LUCIAN COOK | SAVILLS“It’s not a time to panic but there is a softening on the market and we expect a drop in price of around five per cent on the next six months. There is more stock available and uncertainty over the economy makes this a crucial period. The prime market will perform better because there is more equity.”TOM GIDLEY-KITCHIN | CHARLES STANLEY“The housing market is in a difficult place with the number of mortgages being awarded so low. We see a slowing down of the market (transactions) of around five to 10 per cent. Housebuilders will probably improve their margins as they have bought land at a lower rate in the downturn.” More From Our Partners Why people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com ANALYST VIEWS: IS THE HOUSING MARKET SLIDE SUGGESTING THAT THE ECONOMY IS HEADING BACK INTO RECESSION? Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img read more

Harvey Nash sees City jobs bounce back

first_img whatsapp Share KCS-content whatsapp Thursday 30 September 2010 10:31 pm Show Comments ▼ RECRUITMENT specialist Harvey Nash said yesterday that a rise in jobs in financial services had helped the company to boost its profit.The firm saw pre-tax rise to £2.6m from £1.8m a year earlier as new life was breathed into the jobs market following the recession. An increase in regulation has seen companies recruit more risk specialists, according to the company. Banks are also hiring more IT specialists as mergers – like that of Lloyds and HBOS – have created problems as incompatible computer systems have caused confusion.Harvey Nash chief executive Albert Ellis said: “Things are looking better. We have seen an improvement in jobs in the City. “Companies are employing more permanent staff and the added regulation means companies need specialists to deal with that. “Jobs in tech are also picking up and things seem to be improving.”The company saw revenue drop despite the profit rise.Ellis attributed the lower revenue to a fall in the number of contract staff being employed.He added: “There is less activity with contracts but on the whole things are picking up.”However, he issued a stark warning to the government that the recovery should not be strangled through a hike in taxes in the financial services sector.Ellis said: “The government has to be very careful not to overstep the mark and attack the City because of the huge contribution it makes. To raise taxes would be a very bad idea with a fragile economy.” The company announced an interim dividend of 0.935p per share has been recommended, up from 0.850p in 2009. Tags: NULL Harvey Nash sees City jobs bounce back More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comlast_img read more

UBS pledges not to pursue its former bosses and apologises for huge losses

first_img UBS has apologised for huge losses suffered during the US sub-prime crisis that forced a bailout of the Swiss bank, but refused to take legal action against former executives and board members.UBS lost billions of dollars during the global economic crisis and the confidence of many investors during a long tax row with Washington.The bank has faced public pressure from taxpayers who have had to shoulder the bill for its rescue.Kaspar Villiger, who took over as chairman 19 months ago, apologised for “difficult times” as he presented a transparency report on mistakes made by previous management.The bank has recovered Sfr70m (£45.9m) from former directors or managers who either waived or repaid bonuses or salaries.But Villiger voiced doubts that legal action could have got back more than that and said trying to recover losses through the law would be costly, attract negative publicity and would be distracting.He also said suits against its former staff would reflect negatively in class-action lawsuits being taken in the US against UBS and previous management, because US lawyers see such action as an admission of guilt.Villiger added that none of UBS’s major shareholders indicated they intend to pursue legal action of their own, and that such a step would only weaken the bank’s share price. Tags: NULL KCS-content whatsapp UBS pledges not to pursue its former bosses and apologises for huge losses Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap center_img whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times Show Comments ▼ Thursday 14 October 2010 9:38 pmlast_img read more

Home Retail Group

first_imgWednesday 20 October 2010 7:36 pm Home Retail Group Home Retail Group attempted to put a shine on some fairly grim – if expected – figures yesterday by claiming its Argos iPhone app had been a storming success. However, the truth is that sales at its cut price chain dropped by six per cent.This is made all the more worrying by the fact that cash-strapped customers usually trade down and surely no-frills Argos should be benefiting from that. Nevertheless Home Retail has a relatively strong balance sheet with cash forecast at over £300m projected at March 2011, and strong cashflow, which some analysts believe should enable further share buybacks and could also be attractive to a private equity buyer. Both Investec and Seymour Pierce view the stock as a hold because of the long term value in the company – a position which seems sensible amid the economic tumult. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timescenter_img whatsapp Show Comments ▼ whatsapp KCS-content Tags: NULLlast_img read more

West End sees robust October high street sales

first_imgSunday 14 November 2010 10:39 pm Share KCS-content Tags: NULL West End sees robust October high street sales whatsappcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Show Comments ▼ SALES at London’s West End shops remained robust during October despite the details of the government’s Comprehensive Spending Review acting to unnerve consumers.According to lobby group the New West End Company, which is backed by major retailers and property owners in Bond Street, Oxford Street and Regent Street, West End sales rose 7.7 per cent year-on-year. The outcome is well ahead of the 0.8 per cent rise across the rest of the UK reported by the British Retail Consortium.Jace Tyrrell of the New West End Company said: “October was an interesting month as people prepared for the Comprehensive Spending Review. on the 20th. Retailers have reported that the anticipation translated into sluggish footfall and steady sales for the first three weeks. “However, following the review, the final week of the month saw a 20% increase in foot flow as considered shoppers returned to the West End, and sales were boosted due to a strong family half term presence. ”The figures come as department store group John Lewis – which also owns the Waitrose supermarket business – reported a strong week of trading ahead of the key Christmas season. last_img read more

QE IS RIGHT FOR AMERICA, SAYS BULLARD

first_img Share Quantitative easing boosts the economy, albeit “with a lag of six to 12 months,” according to the Federal Reserve’s James Bullard who was speaking in Washington DC yesterday. Bullard, who votes on the committee that controls US monetary policy, hit back at critics who accuse the policy of weakening the dollar and provoking inflation. Thursday 2 December 2010 7:29 pm whatsapp QE IS RIGHT FOR AMERICA, SAYS BULLARD Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp Tags: NULL KCS-content last_img read more

Retail sales in strongest December growth for 8 years

first_img John Dunne Tags: NULL More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Wednesday 15 December 2010 6:29 am Retail sales in strongest December growth for 8 years Share Show Comments ▼ whatsapp Retail sales are rising at their fastest pace in more than eight years as shoppers bring forward purchases before January’s increase in sales tax, a survey by the Confederation of British Industry showed.The CBI distributive trades survey’s December sales balance rose to +56 from +43 in November, the highest index level since April 2002. Analysts had forecast a fall to +35.The orders balance was the highest since December 1983, rising to +52 from +33, but the expected sales balance for January pointed to a decline in the headline index to +35, the lowest expected reading since July.“December’s strong survey balance is likely to capture spending being brought forward ahead of the January increase in value-added tax,” said CBI chief economic advisor Ian McCafferty.“Indeed retailers expect sales growth to lose some momentum in the New Year. We remain cautious about prospects for the retail sector further ahead, given ongoing uncertainty over the resilience of consumer spending,” McCafferty said.The survey showed strong growth in sales from clothing and non-specialised stores, as well as the fastest sales growth for hardware and DIY stories since the survey started in 1983. whatsapplast_img read more