Retail sales in the UK were up by 0.6 per cent in February on a like-for-like basis, compared with the same time last year Jack Taylor/Getty ImagesFigures revealing rising retail sales offered some succour yesterday to a sector still reeling from a double whammy of administrations last week. Retail sales in the UK were up by 0.6 per cent in February on a like-for-like basis, compared with the same time last year, when they decreased by 0.4 per cent. Total sales rose by 1.6 per cent in February, up on growth of 0.4 per cent last year. Paul Martin, head of retail at KPMG, which compiles the figures with the British Retail Consortium, said: “Retailers experiencing any growth in this environment will be counting themselves lucky. Indeed, total growth of 1.6 per cent in February is quite an achievement in such testing times.”Last week, more than 5,500 jobs were placed…

Source: The Times March 05, 2018 23:48 UTC