Retail Sales – including internet retail sales

I took a few days off in the week of the budget. Is that such a bad thing? Most of it was flagged up beforehand anyway. But I’m still interested in the impact of the budget.

  • Value of retail sales in February 2012 showed an increase of 3.2 per cent higher than February 2011.
  • Sales volumes in February 2012 increased 1.0 per cent when compared with February 2011.
  • The proportion of retail sales made via the internet is estimated to have been 10.7 per cent of all retail sales excluding fuel in February 2012.

Retail Sales, February 2012 – ONS


15,000 businesses have disappeared from London

London has lost 15,000 companies – BBC/Experian research

  • The number of businesses in the capital fell from 1,043,983 to 1,028,695
  • 3,169 companies were lost through insolvencies, relocations and closures
  • The London borough of Hounslow saw the biggest fall in its business numbers
  • In Barking and Dagenham between 2010 and 2012, 7,685 new businesses began
  • Newham is London’s top performer for business start-ups. The number rose by 43.3% over the same period, to 14,672.