Food fuels 4.1% UK retail sales increase
Non-food sales dropped 0.2% in August, according to British Retail Consortium
retail sales
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Alliance Bernstein snaps up Gam salesman
Thomas Laker joins the asset manager’s UK team
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River & Mercantile’s Tom de Lisle joins Allspring
He will take up a sales director role
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Aviva Investors to accelerate growth in UK retail adviser market
It has created four roles in its distribution team
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Amati appoints sales director for southeast
Tom Whitfield joins from Sanlam Investments, having also worked at Brewin Dolphin
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Weekly outlook: UK gets an economic health check
The key events for UK wealth managers for the week starting 11 November
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LGIM inflows fall by a third despite bond sales
Still on track to become first UK asset manager with £1trn AUM
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January retail sales slump confirms ‘slowdown’ trend
The UK saw another month of weak retail sales that lagged consensus expectations in January, confirming that the long-term trend is toward a “slowdown”.
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Household spending at peak as retail sales drop
Average weekly household spending rose to its highest level since 2006 for the financial year ending 2017, as retail sales for December declined.
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UK retail sales ‘lacklustre’ but still growing
While UK retail sales registered a monthly increase of 0.3% between September and October, annually they dropped 0.3% according to the Office for National Statistics (ONS).
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August retail sales defy expectations
In a surprising turn of events, the Office for National Statistics reported that August retail sales in the UK delivered strong volume growth against the odds.
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UK consumers defy expectations in July, with food sales surging
The strength of the UK consumer proved resilient in July, with month-on-month retail sales rising 0.3% according to the Office for National Statistics (ONS).