This week UK retail wraps up main Christmas sales statements

This week UK retail wraps up main Christmas sales statements



This week UK retail wraps up main Christmas sales statements

After what appears to be good numbers from the main retailers, this week it’s the turn of Ocado, Currys, BooHoo and Burberry, amongst others. The numbers have been surprisingly strong, given the economic backdrop, but has the sector been strong enough to ensure the UK avoids a technical recession with negative growth for a second successive quarter in Q4

Subscribe ► https://www.youtube.com/IGUnitedKingdom?sub_confirmation=1

Learn more about IG: https://www.ig.com?CHID=9&SM=YT
Twitter: https://twitter.com/IGcom
Facebook: https://www.facebook.com/IGcom
LinkedIn: https://www.linkedin.com/company/igcom

We provide fast and flexible access to over 17,000 financial markets – including indices, shares, forex and commodities – through our award-winning range of platforms and apps.

Established in 1974 as the world’s first financial spread betting firm, we’re now the world’s No.1 provider of CFDs and spread betting* and a global leader in forex. We also offer an execution-only share dealing service in the UK, Ireland, Germany, Austria and the Netherlands. Our range of affordable, fully managed investment portfolios rounds out our comprehensive offering to investors and active traders.

Through our low fees and smart price-sourcing technology, we help traders keep their costs down.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider†. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit.

* Based on revenue excluding FX (published financial statements, February 2018).

† For the 12 months preceding 1 April 2020.

Source

Uncategorized