CBI Distributive Trades - Barclays comment

26 Feb 2013 11:29 GMT

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

“As the snow thawed consumers returned to the high street, but with wages struggling to keep up with inflation, spending continues to slow down. Clearly getting consumers through the doors will remain challenging, but those retailers who are investing in, and enhancing, their online platforms are reaping the benefits.”

About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive 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 135,000 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.