UK economic forecasts revised down - The UK economy is now forecast to grow by 1.2% next year and 2% in 2014, the chancellor says in Autumn Statement Ref. BBC
U.K. Retail Sales Fall At Fastest Pace Since January 2012:
U.K. Retail sales declined at the fastest rate in more than a year in May, signaling that growth in the retail sector weakened persistently in 2013, survey data released by the Confederation of British Industry revealed Wednesday. Ref. Source 5