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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May- 2025 -9 May
UK footfall jumps 7.2% in April
UK footfall increased by 7.2% in April (YoY), up from -5.4% in March, the BRC has revealed. During the four…
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8 May
BoE cuts interest rates to 4.25%
The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…
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Apr- 2025 -29 April
Food inflation rises alongside labour costs
Food inflation increased to 0.1% in April, against a decline of -0.4% in March, as prices rose alongside increased labour…
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25 April
UK retail sales rise 0.4% in March
UK retail sales volumes increased by 0.4% in March 2025, following a rise of 0.7% in February 2025, the ONS…
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24 April
Trumps trade war rocks consumer confidence, BRC finds
Consumer expectations in the UK dropped significantly to -48 in April, down from -35 in March, according to the latest…
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16 April
Inflation falls more than expected to 2.6% in March
Inflation has fallen more than expected to 2.6% in the 12 months to March 2025, down from the 2.8% rise…
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15 April
UK sales increase 1.1% in March thanks to good weather boost
UK Total retail sales increased by 1.1% year on year in March, against a growth of 3.5% in March 2024,…
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11 April
UK economy grows 0.5% in Feb
The UK economy grew by an unexpected 0.5% in February as manufacturing, retail and the services sector all helped contribute…
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11 April
Footfall sees sharp 5.4% drop in March due to late Easter
Total year-on-year footfall in the UK dropped sharply by 5.4% in March, up from a 0.2% fall in February, according…
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7 April
Trump calls tariffs ‘medicine’ amid market turmoil
US president Donald Trump has called his newly-announced tariffs “medicine” as he showed no signs of reversing them. Speaking to…
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