Wednesday, May 29, 2013

UK retailers facing trouble

 "Britain's retailers are facing their toughest trading conditions in almost 18 months as cash-poor consumers cut back on their spending", the CBI said.the monthly healthcheck of the high street  recorded the steepest fall in sales continuing the weakening trend over the past six months, that means that will raise doubts about the pace of the UK's likely economic recovery,  CBI said sales of clothing, footwear and household durable goods were all lower in May than a year earlier and also Online sales  were down for the first time since August 2011. This effect international business because United kingdoms economy isnt doing to well so it's going to effect the rest of the world economically.
http://upload.wikimedia.org/wikipedia/en/2/26/Common_face_of_one_euro_coin.jpg
http://www.guardian.co.uk/business/2013/may/29/cbi-uk-retailers-high-street-sales

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