CBI Distributive Trades - Barclays comment

26 Apr 2012 10:51 GMT

Richard Lowe, Head of Retail & Wholesale at Barclays comments on today's CBI Distributive Trades data.

“While in line with expectations, the figures have been overshadowed by news of Britain’s slide back into recession. Retailers will be concerned about the psychological damage the contraction in economic growth will have on consumer confidence, despite recent data showing some signs of stability”.


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.