Financial Times FT.com

Summer puts shine on high street sales

By Norma Cohen

Published: July 23 2009 10:02 | Last updated: July 23 2009 22:23

Retail sales surged in June as stores slashed prices to entice wary consumers and shoppers optimistically kitted themselves out in summer clothes.

The bright spot on the high street came as lending for home purchases jumped to its highest level in 15 months, although lending to businesses remained weak.

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