Retail surprise, diesel prices, and High Street closures - here's your need-to-know business news roundup.
UK retail sales posted a surprise rise in January according to new official figures.
The latest ONS survey suggests sales increased by 0.9 per cent during the month. [BBC]
Diesel prices are edging towards record levels, following a rise of 0.8 pence in the last month.
Average diesel prices are around 10p higher than this time last year. [ThisIsMoney]
Large High Street chains closed an average of 14 stores a day last year according to new figures.
A survey from PwC suggests the total number of stores fell during 2011 for the first time in three years. [Mirror]
