UK retail numbers back on the slide

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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.