Retail sales continued to grow through the Isa season, with sales in February more than three times ...
Retail sales continued to grow through the Isa season, with sales in February more than three times that of last February's figures and up 42% over January. Investment funds under management in February continued to grow for the fifth consecutive month rising to £246bn, up 1% on the previous month and 32% on the year. Isa funds under management also saw a surge upwards, of 44%, from February 2003. Net Isa sales rose 14% from January to £210m. The UK All Companies sector remained the most popular with investors accounting for some 25% of total gross retail sales, the highest level since A...
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