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Can Cuts Revive the Ailing Retail Sector?

Thu 08 Jan 09 | 03:30 AM ET
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Can Cuts Revive the Ailing Retail Sector?

Thu 08 Jan 09 | 03:30 AM ET
UK's central bank is expected to cut rates to a record low of 1.5% Thursday. Has easing rates helped the retail sector? "We've seen absolutely no causal link between the interest rates cuts and any kind of sales upsurge," John Pincott from www.shop.com said.

Topics:

Europe (West) Banks

Sectors:

 | Retail

 
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