UK companies saw sales and optimism jump in the third quarter, according to the British Chambers of Commerce (BCC).
Service firms saw UK sales and orders rise at the fastest pace since 2007, while the rises for manufacturing were the sharpest since the early 1990s.
“It’s clear that the UK upturn is gathering momentum,” said David Kern, BCC chief economist.
But a British Retail Consortium survey showed UK retail sales slowed for a second consecutive month in September.
“These figures are a reality check and will make retailers nervous as we enter the run up to Christmas,” said David McCorquodale, head of retail at KPMG, which helped compile the BRC data.
via BBC
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