India  

Flop in retail sales in December down to 'savvy' customers

Video Credit: ODN - Duration: 00:22s - Published
Flop in retail sales in December down to 'savvy' customers

Flop in retail sales in December down to 'savvy' customers

UK retail sales unexpectedly declined last month in a blow to the sector during the all-important festive shopping season, new official figures show.

The volume of retail sales – which measures the quantity bought – fell by 0.3% in December, the Office for National Statistics said.

Retail analyst Kate Hardcastle said that the flop in sales was down to "savvy" customers who "cut corners" to save money.

Report by Covellm.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You Might Like


đź’ˇ newsR Knowledge: Other News Mentions

Office for National Statistics United Kingdom government institution

Rachel Reeves welcomes 'modest' economic growth [Video]

Rachel Reeves welcomes 'modest' economic growth

Rachel Reeves says news that the economy grew by 0.1% in November is "welcome, albeit modestly". The chancellor adds the latest Office for National Statistics figures show "we need to go further and faster in delivering growth to make people in Britain better off". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:44Published
Govt hails unexpected dip in inflation rate [Video]

Govt hails unexpected dip in inflation rate

The chief secretary to the Treasury has hailed an unexpected dip in inflation, but admits that the cost of living "is still a pressure for families across the country and there's more work to do". Darren Jones adds the latest Office for National Statistics figures, "shows that the prime minister's plan for change is working". Inflation has fallen to 2.5% in December from 2.6% in November, which will come as a relief to Chancellor Rachel Reeves, who has faced criticism given rising government borrowing costs and a slump in the value of the pound. The latest figures could open the door for an interest rate cut next month. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:33Published
Growth still priority say Labour, despite poor figures [Video]

Growth still priority say Labour, despite poor figures

Chief Secretary to the Treasury Darren Jones says the Labour government is still committed to stimulating economic growth despite figures from the Office of National Statistics showing the economy recorded no growth in the third quarter of this year. Report by Etemadil. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:37Published
Reeves 'disappointed' by UK economy unexpectedly shrinking [Video]

Reeves 'disappointed' by UK economy unexpectedly shrinking

The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said she was “disappointed” by the data after a weak month for pubs and restaurants dragged on growth amid some uncertainty ahead of the autumn Budget. The Office for National Statistics said gross domestic product contracted 0.1% in October. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:47Published

Facebook Facebook Social-networking service owned by Meta Platforms

Starmer hails 'fantastic' discussions with Tusk and Duda [Video]

Starmer hails 'fantastic' discussions with Tusk and Duda

Sir Keir Starmer has hailed his "fantastic" discussions with Polish President Andrzej Duda and Prime Minister Donald Tusk and the "growing relationship" between the two countries, on a visit to Poland. Speaking at an event for business leaders at the British embassy in Warsaw, the UK's prime minister added, "our business ties are thriving, bilateral trade is growing fast". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:36Published
Polmont YOI failings blamed for student's tragic death [Video]

Polmont YOI failings blamed for student's tragic death

The mother of Katie Allan, a student who died in Polmont YOI in 2018, criticised the prison system for failing to protect vulnerable inmates. A fatal accident inquiry found systemic failures contributed to Katie’s death, calling for changes to prevent similar tragedies. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:29Published
Starmer launches UK-Poland defence pact talks [Video]

Starmer launches UK-Poland defence pact talks

Prime Minister Sir Keir Starmer has announced talks on a UK-Poland Defence Treaty during a visit to meet the country’s political leaders. Speaking alongside Polish Prime Minister Donald Tusk, he announced £4bn in joint air defence projects and the nations' "unbreakable commitment to NATO and Ukraine." Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:52Published
Nazi-obsessed terrorist jailed for stabbing asylum seeker [Video]

Nazi-obsessed terrorist jailed for stabbing asylum seeker

A Nazi-obsessed terrorist who stabbed an asylum seeker at a hotel in a "protest" against small boat crossings has been jailed for life, with a minimum term of 22 years and eight months. Callum Parslow's trial was told the 32-year-old tried to publish a "terrorist manifesto" on his X account in the moments before his arrest, in which he claimed he did his "duty to England" by "exterminating" the asylum seeker. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 03:54Published