High Street Bonanza Firms Up Chances of a Rate-Rise

Summary


AN interest rate rise this week looked ever more a foregone conclusion as influential figures today showed British shops enjoyed a bumper January, writes Jim Armitage.

The CBI's closely-watched monthly retail sales survey came in at its strongest since April 2002. Although part of that was attributed to seasonal sales, the underlying trend remained firmly up.

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Extract


High Street Bonanza Firms Up Chances of a Rate-Rise

Sales of big-ticket items such as furniture and carpets g...

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