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John Lewis sales rise offers hope of bumper Christmas

Department store chain John Lewis yesterday posted a 13.2% rise in weekly department store sales, boosting hopes that consumer spending will increase in the fourth quarter as retailers across the country gear up for the key Christmas period.

The healthy John Lewis sales figures also come hard on the heels of significantly improved survey evidence on retail sales in October from both the British Retail Consortium (BRC) and the Confederation of British Industry (CBI).