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News - 17 July 2004
A wave of good news for domestic sales
A new survey from Lloyds TSB shows the biggest improvement in domestic sales since 1997. During the past six months sales have increased for 54% of businesses while only 20% experienced a decline.
Most businesses believe this growth will be sustained and 49% already have a much-improved order book. Profits are also edging up with more than a third of businesses reporting an increase.
Anecdotal evidence suggests that this has been a very tough year for retail in Brighton and while this report covers businesses across the spectrum perhaps this is the good news that the city's traders need to give them a warm inner glow as they face another long cold winter.
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