Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
-
Jun- 2025 -5 June
Consumer confidence hasn’t recovered since Brexit vote, Barclays finds
Consumer confidence reached its highest point in the past 10 years in September 2016, at 48%, just after the Brexit…
Read More » -
May- 2025 -30 May
Lidl, Halfords and The Range repay staff over minimum wage breach
Lidl, Halfords and The Range are among a number of UK companies named and shamed by the Department for Business…
Read More » -
29 May
US trade court blocks Trump’s tariff changes
The US Court of International Trade has deemed Donald Trump’s tariff changes “illegal”, which could see the president’s controversial global…
Read More » -
27 May
Fresh food prices drive food inflation up 2.8% in May
Food inflation increased to 2.8% year-on-year in May, rising for the fourth consecutive month, driven by a surge in the…
Read More » -
23 May
Retail sales beat expectations in April
Retail sales volumes increased 1.2% in April 2025, up from a rise of 0.1% in March 2025, marking the fourth…
Read More » -
21 May
Inflation jumps to 3.5% in April
Inflation increased to 3.5% in April, according to the latest figures for the Office for National Statistics (ONS), which it…
Read More » -
19 May
Retailers urge Reeves to reinstate VAT-free shopping
Retailers are urging chancellor Rachel Reeves to reinstate tax-free shopping for tourists as US escalating tariffs continue to cause disrupture,…
Read More » -
15 May
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between…
Read More » -
13 May
Late Easter sees retail sales rise 7% in April
UK total retail sales increased by 7% year-on-year in April, against a decline of 4% in April 2024, according to…
Read More » -
9 May
UK agrees trade deal with US but 10% tariff remains
The UK and the US have reached a “first-of-a-kind” trade agreement, under which the US will slash tariffs on UK…
Read More »
