News Column

ONS Retail stats – Barclays’ comment

February 21, 2014



Richard Lowe, Head of Retail & Wholesale at Barclays, comments on today's ONS Retail Sales figures.

"Retailers across the UK continued to discount in January to entice shoppers searching for the best sale bargains. This has resulted in a growth in sales, which was further helped by the absence of snow which knocked retailers in early 2013. Looking ahead at the next few months, I expect the outlook to remain positive, with modest growth, as consumers are encouraged by positive economic signs including falling inflation."

Notes to Editors:

For further information about Barclays Corporate Banking, please visit our website www.barclayscorporate.com

About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.

.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: M2 PressWIRE


Story Tools