BRC calls for government help

The British Retail Consortium is calling on the government to help restore consumer confidence by controlling the costs it imposes on households and businesses. The plea comes on the back of figures published by the BRC that show retail sales growth is now averaging half what it was before Lehman Brothers collapsed four years ago. Year-on-year growth in the total value of retail sales has averaged 2.1% over the last two years compared with growth of 4.5% over an equivalent period before the financial crisis. The BRC has proposed freezing Business Rates in 2013 and abandoning the fuel duty increase due in January.