Richard Lowe, Head of Retail & Wholesale at Barclays comments on today's CBI Distributive Trades figures.

"Sales have softened but, importantly, volumes have held so it's not all bad news for the high street.

"The sector has certainly suffered a psychological set back in recent weeks but, the best retailers adjusted their business strategies and adapted to the changing consumer climate some time ago and will continue to attract customers whether it be online or in store".


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 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.
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