BUSINESS LIVE: Retail Sales Rose 2% Last Month; Imperial Increases Shareholder Returns; Vistry Cuts Profit Outlook

Retail sales rose 2 percent year-on-year in the United Kingdom last month, according to the British Retail Consortium, as cold, wet weather encouraged consumers to buy warm clothing.

Companies with trading reports and updates today include Imperial Brands, Vodafone, Vistry Group, Loungers, Angling Direct and Unite Group.

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Brits cut costs on essential spending to finance luxury purchases

Britons cut back on buying “essential” items last month but splurged on treats like Oasis tickets, according to new data.

Barclays’ consumer spending report, which analyzes millions of customer transactions, reveals that overall spending rose 1.2 percent year-on-year in September.

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BUSINESS LIVE: Retail sales rose 2% last month; Imperial increases shareholder returns; Vistry cuts profit outlook

Brits cut costs on essential spending to finance luxury purchases

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