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.
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Jul- 2025 -11 July
Economy unexpectedly shrinks 0.1% in May
Monthly real gross domestic product (GDP) unexpectedly fell 0.1% in May 2025, following an unrevised fall of 0.3% in April…
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1 July
Shop prices return to inflation as retailers struggle to shoulder costs
Shop price inflation increased to 0.4% year on year in June, compared with a decline of 0.1% in May, as…
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Jun- 2025 -20 June
Young adults lift UK consumer confidence despite economic concerns
Consumer confidence in the UK rose modestly in June, buoyed by optimism among younger age groups despite continuing concerns over…
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18 June
Inflation eases to 3.4% in May amid falling air prices
Inflation eased to 3.4% in May 2025, down from 3.5% in the 12 months to April, as rising food prices…
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12 June
Retailers welcome £2bn police boost but urge for more action
Retail trade bodies have welcomed the £2bn funding boost for police forces in England and Wales, but cautioned that the…
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11 June
Women’s Euros to deliver £593m retail boost, report finds
The Women’s Euro 2025 football tournament is expected to deliver a £593.4m boost to UK retail, according to a new…
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10 June
Retail sales rise 1% in May despite low non-essential spending
Total retail sales rose by 1% year-on-year in the four weeks to 31 May, up from 0.7% in the same…
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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…
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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…
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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…
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