Sales fall sees FTSE decline

The UK retail sector's recent rally was knocked off course today after the Office for National Statistics reported an unexpected fall in sales last month.

Sales fall sees FTSE decline
Thu, 16 Sep, 2010 - 13:30

The UK retail sector's recent rally was knocked off course today after the Office for National Statistics reported an unexpected fall in sales last month.

The 0.5% decline for August offset initial encouragement seen after B&Q owner Kingfisher beat market forecasts with a 23% rise in half-year profits.

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CourtsBusinessFTSEPlace: UKPlace: GlasgowPlace: BritainPerson: Robert WisemanOrganisation: FTSEOrganisation: Office for National StatisticsOrganisation: B&QOrganisation: KingfisherOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: Randgold ResourcesOrganisation: Marks & SpencerOrganisation: Home Retail GroupOrganisation: Kesa ElectricalsOrganisation: CometOrganisation: BT GroupOrganisation: Morgan StanleyOrganisation: Dairy Crest
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