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Evening Standard
Evening Standard
Business
Jonathan Prynn

Warm glow from high street amid frosty conditions

One swallow certainly does not a summer make — particularly when there is still frost on the ground as there was this morning.

But for economy watchers starved of good news for so long the sliver of hope from Primark that we report today brings a warm glow. According to George Weston, chief executive of the retailer’s owner ABF, there is a decent chance that its shop prices can now stabilise following sustained falls in energy costs and freight shipping rates.

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