Consumer confidence growing

Optimism on the high street is growing after annual UK retail sales rose 2.8% on a like-for-like basis in September. The latest BRC-KPMG Retail Sales Monitor also revealed total sales rose 4.9% against a 1% gain a year earlier, the best figure reported since January 2008. "For some customers confidence is trickling back," said Stephen Robertson, director general at the British Retail Consortium. "As we enter the important run-up to Christmas, these results give some room for optimism. But consumer sentiment is volatile and could weaken again. Throughout the final quarter, all the comparisons will be with poor figures last year when total sales growth dropped below zero."
 
 
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