British retail sales advance in January

Note: This section contains information in English only.
Source: RTT News
Retail sales in the United Kingdom increased in January with the non-food sales rising by 5.1% in the Q4 and food sales advanced only by 0.8% in the Q4, the latest data unveiled by the British Retail Consortium showed on Tuesday. According to the report, the Retail Sales Monitor of the BRC showed retail sales gaining 5.4% in January from a year earlier.

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Tue, 11 Feb 2014 10:08:05 GMT

WTI rises as inventories decline

West Texas Intermediate oil increased on Tuesday trading session hitting its highest level in a six-week period on speculation that distillate stockpiles in the U.S. declined after the recent cold weather boosted heating fuel demand. WTI for settlement in March added 2 cents to $100.08 per barrel on the NYMEX as of 2:34 p.m. in Singapore.

Tue, 11 Feb 2014 08:41:04 GMT

CBI improves U.K. growth outlook

A leading business group in the United Kingdom upgraded its economic growth projections on Tuesday citing an improved business investments as borrowing costs declined, the Confederation of British Industry revealed on Tuesday. The CBI forecast the nation's economic growth to record 2.6% this year, more than preliminary estimated 2.4% in November.

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