ONS Retail Sales – Barclays comment

16 Aug 2012 09:57 GMT

Richard Lowe, Head of Retail & Wholesale at Barclays comments on today’s ONS Retail Sales figures.

“It will be some comfort to retailers that consumers are still spending albeit more modestly than they would like.

“As the retail sector struggles to find sustained growth at home, more and more are looking to expand overseas. Even smaller retailers are starting to spread their wings internationally with the help of the internet”.


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.