Popular now
Castore acquires Grenson

Castore acquires Grenson

Tesco, B&Q and John Lewis join forces for Dunnhumby media trials

Tesco, B&Q and John Lewis join forces for Dunnhumby media trials

Ocado begins hunt for successor to CEO Tim Steiner

Ocado begins hunt for successor to CEO Tim Steiner

Topic Hub

Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

Economy

Economy explores the wider economic forces influencing the UK retail industry. This section covers inflation, consumer spending, interest rates, labour market conditions, and policy developments affecting retail performance and profitability. Retail Sector’s Economy coverage provides expert analysis, data-driven insight, and commentary to help retail leaders, financial planners, and operational managers understand how macroeconomic trends are shaping demand, costs, and investment decisions across the sector.

BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike…

Inflation hits eight-month high of 2.6% in November

Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3%…

Consumer confidence remains weak as Christmas approaches

Consumer confidence remains weak in the run up to Christmas, according to the the British…

UK consumer confidence rises post-budget

UK consumer confidence increased three points to -18 in November, according to GfK’s…

Energy bills push inflation to 2.3% in October

The rising cost of energy has pushed inflation up to 2.3% in October, above consensus…

Retailers warn National Insurance increase could cause job losses

A number of large retailers have warned that the National Insurance increase could cause…

UK economy stagnates in three months to September

UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of…

BRC warns chancellor Budget could cause inflation and job losses

The British Retail Consortium (BRC) has warned that the latest budget could cause inflation…

Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut…

Retail sales see weak growth in October amid pre-budget uncertainty

Total retail sales in the UK nudged up by only 0.6% in October, compared with a growth of…