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Robyn Hall
Just Retirement is going on the road over the next few months. This seminar is in Strathclyde.
Area Sales Manager - Financial Services - London
North London
Mortgage Consultant / Mortgage Adviser - Fulham
South London
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BRC-KPMG London Retail Sales Monitor - London-UK sales gap narrows sharply
17 November, 2008
Retail sales in central London in October were 1.8% lower than a year earlier, on a like-for-like basis, the worst since summer 2005 but still slightly stronger than the 2.2% decline in the UK as whole
Retail footfall in October was weaker than in the past few months but still just higher than a year ago, in contrast to the year-on-year decline in the UK as a whole.
The new Westfield shopping centre is just outside this survey's central London area, but it did not open until 30th October, so had very little overall effect on October's central London sales.
The banking crisis and slump in the housing market depressed consumer confidence. Despite further discounting, homewares were especially hard hit and clothing and footwear were difficult. Food sales held up, though largely reflecting the effect of high food prices.
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