Well the vague talk was on the money, UK retail sales SUCK

UK February retail sales have come in at -0.8% m/m, weaker than median forecast of -0.6%.

ONS says February fall broadbased, household goods sales weak after strong sales in early January to beat VAT.

The Gerry Davies barber-index ofcourse forewarned of this eventuality.

Cable’s been down to 1.6147, presently at 1.6180 in extremeltyu choppy trade. EUR/GBP up at .8725 having been as high as .8734 post release.