Crunching the numbers: UK food retail
By Katy Askew | 8 October 2008
Despite the GBP50bn (US$88bn) bank rescue package announced this morning (8 October) by the UK government, the crisis in the financial markets is still making its presence felt on the UK high street. While food retailers are better positioned to weather the storm than most, they are still feeling the effects of ever more cautious consumer spending. Katy Humphries reports.
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Despite the GBP50bn (US$88bn) bank rescue package announced this morning (8 October) by the UK government, the crisis in the financial markets is still making its presence felt on the UK high street. While food retailers are better positioned to weather the storm than most, they are still feeling the effects of ever more cautious consumer spending. Katy Humphries reports.
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