Barclays UK

CBI Distributive Trades - Barclays Corporate comment

Press Release   •   Nov 29, 2011 08:25 GMT

Richard Lowe, Head of Retail & Wholesale at Barclays Corporate comments on today's CBI Distributive Trades data.

“Forecasts of a double-dip recession and retail sales showing continued consumer caution are not the headlines the high street was hoping for three weeks before Christmas.

“However, the tills are ringing and provided the snow holds off, retailers are still expecting this Christmas to be better than last year”.