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Shoppers Flock To UK Malls Despite Economic Uncertainty

LONDON-Trade is holding up well in the UK's shopping malls despite the uncertain political and economic backdrop. New figures from FootFall show pedestrian traffic in UK malls was up 3.6% in September 2001 compared with the previous year.

By Graham Parker | Updated on October 18, 2001

LONDON-UK shoppers appear to be heeding the government’s advice that it should be ‘business as usual’ despite the war in Afghanistan and the increased economic uncertainty. Pedestrian flow counters FootFall say that traffic in UK malls was actually up 3.6% this September on the previous year. And according to the British Retail Consortium retail sales were also up 8%, showing an increased average spend-per-head.

Pedestrian traffic fell 6.3%, as an immediate result of the terrorist attacks but since 11 September there has been a gradual recovery in the retail industry and consumer confidence has been largely restored. But the comparative UK figures are somewhat distorted because the comparable weeks last year saw the peak of the fuel crisis – when oil refineries and depots were blockaded by an unlikely alliance of farmers and hauliers – meaning that shoppers were physically unable to get to the malls because their cars had no petrol.

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