Summary
TOUGH high street trading and a gloomy update from the housebuilding sector sparked fears that the economy is heading for a sharp slowdown.
Retail sales in June grew at a slower-than-expected rate as higher borrowing costs and the wet weather kept shoppers away.See the full content of this document
Extract
Interest Hikes Put Brakes On Growth
The latest CBI distributive trades survey revealed that a balance of just 17pc of retail...
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