first_img whatsapp Tags: NULL CONSUMER spending showed another month of modest growth in November, according to data released today.Yet shop vacancies have risen compared with last year as the high street cuts back on costs.Prospects for Christmas sales remain “delicately poised” following the early winter freeze, said the British Retail Consortium (BRC), which conducted the survey with accountants KPMG.Sales were up 2.8 per cent in November, compared to the same time last year, similar to growth seen in recent months.And “like-for-like” sales – which exclude the effects of shop floor expansion – were up just 0.7 per cent for November.“Given that VAT pushed up annual inflation, boosting sales values, underlying volume growth is virtually zero,” said Stephen Robertson of BRC.Sales of “big ticket” items were affected by low consumer confidence, the report said.British consumer confidence tumbled to an 18-month low in November, figures from the European Commission revealed last week.Yet retailers remain confident that shoppers will boost spending in the final weeks of the holiday season. A recent survey by the Confederation of British Industry showed that 59 per cent of retailers expected higher December sales than last year. And the government’s spending cuts, outlined in November, “have not made things worse,” said Robertson.West End stores are extending their opening hours on the Monday after Christmas, in a bid to tempt shoppers into stocking up before the VAT rise on 4 January. Monday 6 December 2010 8:38 pm Show Comments ▼ KCS-content center_img Retailers look for Christmas sales lift Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was Famous, Now She Works In {State}MoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndo More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp Sharelast_img

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