Mild weather gets shoppers spending again
Monday 20 February 2012
British retail picked up in the three months to the end of January, with footfall 1.8 per cent higher than a year earlier, according to the lastest figures from the British Retail Consortium.
This marks an improvement on the 2.3 per cent year-on-year decline recorded in the previous three months. However, the latest figures were boosted by a strong year-on-year rise in December, as the mild weather encouraged shoppers on to the high street. This marked a strong contrast with the snowy condition of December 2010, which kept potential shoppers at home.
Stephen Robertson, the BRC's director general, said: "The lift in shopper numbers for the quarter is almost entirely down to a strong Christmas. And December looks deceptively good because it's being compared with the heavy snowfall which affected the end of 2010.
"At the start of 2012, footfall numbers dipped again, showing underlying caution hasn't changed. Worries about personal finances and job security are putting people off shopping.
"Although inflation has started to ease, costs are still rising faster than wages. Any significant change in consumer sentiment is going to take time."
- 1 Kim Jong-un shows off airport designed by architect he likely had executed
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 Why it matters 26 million people have changed their Facebook profile picture to a rainbow flag
- 4 German ethics council calls for incest between siblings to be legalised by Government
- 5 Fifty Shades of Grey author E.L James's Twitter Q&A didn't go exactly as planned
Michael Douglas regrets 'embarrassing' Catherine Zeta-Jones with oral sex comments
Kim Jong-un shows off airport designed by architect he likely had executed
Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
Ex-Scientologist Carmen Llwyelyn blasts 'cult' and her treatment after divorce with Jason Lee
Tunisian builder has been hailed a hero after knocking gunman to the ground with roof tiles
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
David Cameron struck double blow in his hopes to win Britain a new EU deal
Extend Right To Buy to tenants of private landlords, Labour's Jeremy Corbyn says
Pentagon accuses Russia of 'playing with fire' over nuclear threats towards Nato
iJobs Money & Business
£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...
£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...
Negotiable: Recruitment Genius: This extremely successful and well-established...
Competitive with monthly bonus: Guru Careers: We are seeking an experienced FX...