UK retail numbers back on the slide

UK retail sales in March fell by the largest amount in the last 12 months due to the late timing of Easter this year, says the British Retail Consortium.

Like-for-like sales dropped by 1.7 per cent year-on-year in March in terms of value, reportsReuters, following a 0.7 per cent rise in February.

Easter fell in March in 2013, which gave the retail sector a shot in the arm, but this year the Easter holidays won’t take place until later this week (Friday 18th April to Monday 21st April).

PCR has the full story.