British retail sales fell slightly in July, compared with a month earlier. Shoppers spent less on food as supermarkets cut prices as they battle for market share. As Joel Flynn reports, consumer ... more 
British retail sales fell slightly in July, compared with a month earlier. Shoppers spent less on food as supermarkets cut prices as they battle for market share. As Joel Flynn reports, consumer spending has been a major driver of the UK's unexpectedly strong recovery, which has led to questions when the Bank of England will raise interest rates. less 
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Tue, Aug 12, 2014 11:20 AM EDT