Retail Deceleration Slower in Scotland

Summary


SCOTTISH retailers are ringing up their tills more often than their counterparts in the south, but the pace of spending is slowing before the Christmas rush.

Figures yesterday from the Scottish Retail Consortium showed that like-for-like sales growth fell from 5.5 per cent in September to 2.5 per cent in October, while in the rest of the UK growth was just 0.5 per cent. Total growth in Scotland was 8 per cent, from 7.6 per cent in September, compared to just 3 per cent in the rest of the country.

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Extract


Retail Deceleration Slower in Scotland

Fiona Moriarty, director of the SRC, said that although the retailers' prefer...

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