Online retailers attack plans for sales tax

Online retailers attack plans for sales tax Chief executives of Ocado, Shop Direct, Boden and N Brown write a letter to chancellor, putting themselves on a collision course with high street retail bosses.
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Oxfam shop sales rise to £90m as recession-hit shoppers hunt bargains

Charity reports 5% increase in retail sales last year, but says it is concerned that ongoing financial crisis will hit income this yearOxfam has reported a sharp increase in sales from its high street shops, offering the latest example of changing habits amid the bleak economic conditions.With much of the high street struggling – Marks […]
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House prices fall again but jubilee factor lifts retail sales

Fewer people put their homes up for sale although Britons splashed out more in the second quarterHouse prices continued to fall and the jubilee gave just a brief boost to retail sales in June, suggesting the UK economy has a way to go before emerging from recession. The Royal Institute of Chartered Surveyors said fewer […]
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Rise in household food bills sticks at 4.3%

Consumer price index fell to 3% in April as high street discounting took pressure off householdsFood price inflation stabilised last month as rising fuel and property bills were offset by a decline in the cost of raw materials.The price of food in May was up 4.3% on 2011 levels – the same rate of increase […]
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UK retail sales improve in May

CBI poll of retailers finds 43% reported an increase in sales on a year ago, but spending remains below average for MayRetail sales improved in May, but remain below average for the time of year, according to a survey by the CBI.The business lobby group said a poll of its retailers found that 43% reported […]
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Retail sector boosted by warm weather

British Retail Consortium survey finds high-street spending rose 3.6% in March but says overall retail environment is ‘difficult’ Warm days in March gave British men the shopping bug, boosting high-street spending, according to the British Retail Consortium’s monthly health check.While women seemed wary of parting with cash, shops selling clothes, footwear and outdoor leisurewear noted […]
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UK food inflation pushes higher

British Retail Consortium and analysts Nielsen say high energy costs and threat of drought are pushing up grocery pricesHard-pressed British shoppers have seen no let-up in rising grocery prices, with high energy costs and the threat of drought pushing food inflation higher in recent weeks. It rose to 5.4% in March from 4.2% in February, […]
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