Customers' ability to spend 'dented'

Retail sales in the UK were lower in August as the popularity of the Olympics hit traffic at stores, a survey has shown.

Retail sales fell 0.4% on a like-for-like basis from the same month last year, according to the British Retail Consortium (BRC).

BRC director general Stephen Robertson said that shops were offering "good deals" but customers' ability to spend had been dented by rising fuel and utility bills.

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