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.

Inflation ‘unexpectedly’ falls to 6.7%

The headline rate of inflation has fallen by 0.1% to 6.7% in August, according to the latest…

Wage growth starts to outpace rate of inflation

Pay growth has caught up with the rate of inflation for the first time in nearly two years,…

Retail leaders call for business rates freeze

Leaders of major retail businesses have written to chancellor Jeremy Hunt calling for a…

Poor weather drags down retail sales 1.2% in July

Retail sales volumes are estimated to have fallen by 1.2% in July 2023 following a rise of…

Over 550,000 SMEs struggle to pay tax bills, study finds

More than 550,000 small and medium-sized businesses are currently struggling to pay tax…

Inflation falls for second consecutive month to 6.8%

Inflation fell for the second consecutive month in July to 6.8%, down from 7.9% in June, as…

UK economy grows by 0.2% in Q2

The UK economy has grown faster than expected in the three months to June, new figures from…

Retail sector accounted for 16% of UK administrations in 2023, study finds

The retail sector accounted for 16% of administrations in the first six months of 2023 – the…

BoE raises interest rates to 5.25%

The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25%…

Falling inflation may be halted as Russia pulls out of grain deal, BRC warns

The British Retail Consortium (BRC) has warned that falling inflation is likely to slow…