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Marks Electrical FY revenues drop 7.5%

Marks Electrical FY revenues drop 7.5%

Retail employment falls to its lowest level on record

Retail employment falls to its lowest level on record

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Hot weather helps retail sales jump 1.2% in May

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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.

Middle East conflict to weigh on UK growth, EY warns

While growth is expected to rise to 1.2% in 2027, this still remains below the 1.4% rate…

PwC: UK consumer sentiment suffers sharpest decline in four years

Survey of 2,000 adults shows 80% of households plan short-term spending cutbacks as cost of…

BRC seeks levy cuts to offset Middle East impact on retail prices

The industry body met with chancellor Rachel Reeves in April to request the removal of…

High street suffers worst April sales performance in a decade

Weak consumer confidence and rising living costs continue to weigh on spending, marking the…

BoE continues to hold interest rates at 3.75%

The bank acknowledged that the ongoing war in the Middle East ‘means that prospects for…

The K-shaped recovery: A deep dive into the state of UK retail (Q1 2026)

Q1 2026 was defined by a K-shaped recovery: a rebound in discretionary goods countered by a…

Consumer confidence ‘in the doldrums’, says BRC

Based on research carried out by the trade body and Opnium, consumer’s personal financial…

UK inflation rises to 3.3% amid ongoing Middle East conflict

Rising fuel prices and air fares drove the increase, though clothing costs provided a partial offset

UK unemployment falls to 4.9% as pay growth slows

The latest ONS figures show the jobless rate dropped more than expected while annual…

UK retail sales rise 3.6% in March as Easter boosts food spending

Growth in food and drink sectors offset sluggish non-food performance while Middle East…