Barclays Head of Retail & Wholesale Richard Lowe comments on ONS Retail Sales figures

LONDON, 21-8-2015 — /EuropaWire/ — Commenting on today’s ONS Retail Sales figures, Richard Lowe, Head of Retail & Wholesale at Barclays, said: 

“Retailers should be pleased with today’s ONS retail sales figures. The heatwave at the start of July gave some seasonal products a boost and helped the industry post positive figures for the month as a whole. The weather really does have a huge impact at this time of year, so to have achieved this result despite the wet and windy conditions towards the end of July is a significant feat and demonstrates a growing resilience in the retail sector.”

About Barclays
Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com.

http://www.ons.gov.uk/ons/rel/rsi/retail-sales/july-2015/index.html

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SOURCE: Barclays

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