No Olympics boost for high street

Press Association
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The UK's beleaguered high street failed to receive a boost during the Olympics, a report has suggested, while retailers' optimism took its biggest slide for three years.

The survey by the CBI business body found that 31% of retailers suffered lower sales volumes than a year ago over the first two weeks of August - a period that coincided with the Games - while 27% believed them to be higher.

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