Sales grow for UK retail firms but no loan refis imminent

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Sales grow for UK retail firms but no loan refis imminent

John Lewis 230x150 department store
Friday, Nov. 7, 2014. Photographer: Jason Alden Photographer: Jason Alden www.jasonalden.com 0781 063 1642 | Jason Alden

UK retail sales in July increased 1.9% year on year, according to a report from British Retail Consortium and KPMG. But with loan pricing barely budging, there is unlikely to be much deal flow, especially refinancings, from UK retailers this year, according to two bankers.

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