UK Economy


  • Bumper sales of TVs and food in June, triggered by the World Cup, have resulted in UK retailers reporting an average 43% increase in overall sales. However, the overall impact has been lower than forecast, raising fears it could fall once the World Cup is over.
  • British Gas saw losses of £75m in the second half of 2005 which has led to the head of British Gas’s residential arm, Mark Clare, leaving the firm to join homebuilder Barratt Developments as its new chief executive.
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