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UK Retail Sales rise, but credit remains tight

UK sales rose in October but lending conditions remained tight, suggesting recovery from recession will be slow official figures showed Thursday. The 3% rise in retail sales was the best figure since August of last year and due largely to a 3.9% boost to food sales, the office of the National Statistics said.
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Non food stores also saw an increase of 0.9% with textiles, clothing and shoe stores booking a 4.2% gain and house hold goods up 2%.

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