News Column

ONS Retail stats - Barclays' comment

June 20, 2014



ENP Newswire - 20 June 2014

Release date- 19062014 - Richard Lowe, Head of Retail & Wholesale at Barclays, comments on today's ONS Retail Sales figures.

'May's temperamental weather resulted in many people preferring to shop online to avoid the drizzle, with consumers splashing out on sporting goods in anticipation of the World Cup kicking off this month. Recent news that inflation has fallen to its lowest level in almost five years is a boon for retailers - another positive sign that will help bolster consumer spending power in the months ahead.'

Notes to Editors:

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

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive 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: ENP Newswire