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Surprise fall in retail sales in December, ONS figures show | Money News Aitrend

January 17, 2025 by Aitrend

There was a surprise contraction in retail sales in December, although this month is key for many retailers due to Christmas shopping, according to official figures. Retail sales fell by 0.3% last month, according to the Office for National Statistics (ONS). No decline was expected, including a drop of 0.3%. Economists forecast sales growth of … Read more

Electric vehicles account for one in four new cars sold – as industry demands sales support | Money News Aitrend

December 6, 2024 by Aitrend

Battery electric vehicles (BEVs) accounted for 25% of new car registrations in November, an increase of almost 60% year-on-year – and well beyond the government’s target, manufacturers have called on ministers to relax. BEVs were the only sector of the auto market to see an increase in sales in November, with new registrations falling almost … Read more