The majority of retailers predict a decline in business in 2011, a survey by a leading trade association showed yesterday.
The British Retail Consortium said two thirds of retailers responding to its Retail Prospects for 2011 survey said they expected retail sales to worsen compared with 2010.
But despite these fears retailers plan to go on investing and maintaining or creating jobs, the BRC said. Some 47 per cent of those surveyed planned to create jobs in 2011.