Pound drops after retail sales fall at fastest rate since financial crisis

This post first appeared on East Midlands Business Link. Read the original article.

Pound drops after retail sales fall at fastest rate since financial crisis

The pound fell this morning after data revealed retail sales dropped sharply in the year to October. The latest monthly CBI Distributive Trades Survey found retail sales fell at the fastest rate since March 2009, when the financial crisis was at its height. Half of retailers surveyed reported volumes were down on last year. Retailers […]