British Retail Consortium (BRC), Director General Kevin Hawkins, says: "The BRC is concerned at the retail sales figures released by the CBI and SPSL in the last few days highlighting not only a worrying decline in retail sales, but also a marked decrease in the number of people visiting stores.
Retailers are clearly facing an increasingly difficult set of trading circumstances, which are showing no immediate sign of abating.
"With consumer confidence at an all time low, the Bank of England has no justification to increase interest rates. The benefits of a gradual reduction are becoming ever more apparent to stem this downward trend."
British Retail Consortium
marketing@alchempro.com
