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The one bright spot for retail sales was in household goods stores, where volumes rose by 3.8 percent on the month, the biggest jump since February 2010. The ONS said this was driven by electricals such as Apple’s new iPad Mini tablet computer. WEAK SPENDING Consumer spending, which drives about two thirds gucci handbags of British GDP, has still not recovered to the levels seen before the 2008-09 recession, as stubborn inflation has outpaced wage growth. A number of well-known British high-street stores have ceased trading this year, including JJB Sports, Clinton Cards and Game Group. The latest failure, 235-store electrical chain Comet, shut its doors on Tuesday. The key Christmas trading period got off to a weak start, with retail www.guccioutletonlinemax.com sales growing less than expected in the first half of December, according to a survey by the Confederation of British Industry. However, some retailers are bucking the trend. John Lewis, Britain’s biggest department store group, reported record weekly sales michael kors outlet for a second straight week.
The broader Topix fell 0.1 percent to 838.61 in active trade on Thursday, with 3.74 billion shares changing hands on the main board.In October, Jeff Sprecher, chief executive of upstart IntercontinentalExchange, approached NYSE Euronext CEO Duncan Niederauer with a modest proposal to team up on clearing trades in London. As the men continued talking, Sprecher grew bolder, instead suggesting that ICE buy NYSE in what became an $8.2 billion deal announced on Thursday. The deal will link up two powerful derivatives exchange and clearing house operators, but threatens to further reduce the clout louis vuitton outlet online of the New York Stock Exchange. While the New York Stock Exchange has stood for 200 years as an iconic symbol of U.S. capitalism, it is almost an afterthought in this deal. For ICE, the crown jewel of NYSE Euronext is Liffe, Europe’s second-largest derivatives market, analysts said.
Britain fielded a men’s Olympic basketball team for the first time since the previous London Games in 1948 while its www.2013michaelkorsoutletonline.com male and female indoor volleyball and handballers were Olympic debutants, performing admirably if without much success. It might be a long wait before they get another chance, however, after UK Sport, which finances elite sport in Britain, pulled the plug on their funding despite an 11 percent overall rise in investment for the 2016 Rio Games compared to London. Staying loyal to its “no compromise” policy, UK louis vuitton outlet Sport revealed a four-year funding programme for 42 sports it says will help the British team surpass the 65 Olympic and 120 Paralympic medals they harvested in London.
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