u.k.

Market Focus for 22 JAN 2010: U.K. Retail Sales Sales to rise 1.1% in December following surprise drop in November Consumers increased purchase ahead of VAT reset to 17.5% in January BRC sees ‘very tough’ year in 2010 U.K. retail sales data for the month of December will be released on...

U.K. Treasury Chief Secretary Yvette Cooper said that the government has never had a policy of targeting the pound and has an inflation goal instead. Cooper, asked in an interview on the BBC’s Sunday AM show about the currency’s drop to a record low against the euro, said that there is...