UK retail sales unexpectedly declined last month in a blow to the sector during the all-important festive shopping season, new official figures show. The volume of retail sales – which measures the quantity bought – fell by 0.3% in December, the Office for National Statistics said. Retail analyst Kate Hardcastle said that the flop in sales was down to "savvy" customers who "cut corners" to save money. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00I think the consumers have had to be really clear this Christmas on what their priorities were.
00:05They were savvy with the discount period to make sure that they bought presents earlier, we saw that.
00:10And I think likewise with food, they've had to make sure they've cut corners to make sure they still delivered
00:15maybe that Christmas lunch, that Christmas dinner, but didn't do it in such an extravagant manner.
00:20It was going to leave them short into the new year.