date:Jun 30, 2014
onsumer demand. However, wages have lagged behind. On Tuesday, Bank of England governor Mark Carney said that stronger wage growth was fundamental for sustained consumption a key engine of British growth. He added that there was still plenty of slack in the labour market for the economy to improve.
Barry Williams, chairman of the CBI survey panel and a senior executive at Asda, said, After a recent improved run, a fall in clothing and food sales has contributed to a disappointing month.
The C