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George at Asda CCO Liz Evans steps down

George at Asda CCO Liz Evans steps down

Supermarket sales rise 4.6% as heatwave offset by wet weather

Supermarket sales rise 4.6% as heatwave offset by wet weather

N Brown names new financial services chiefs

N Brown names new financial services chiefs

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.

UK economy avoids recession amid 0.1% growth

The UK economy narrowly avoided a recession during the fourth quarter (Oct-Dec) as UK GDP…

Shop price inflation grows to 8.9% in March

The British Retail Consortium found that for the first seven days of March annual shop price…

Consumer confidence rebounds despite looming financial concerns

The UK consumer confidence index has increased ahead of expectations by seven points in…

Retail sales rise 1.2% in February

The ONS has reported today (24 March) that retail sales for February have increased by an…

BoE raises interest rates to 4.25%

The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to…

Inflation unexpectedly jumps to 10.4% amid rising food prices

The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink…

Retailers welcome budget but ‘missed opportunity’ for rates reform

Retail has welcomed the support for households in the face of the cost of living crisis in…

Spring Budget: Corporation tax to rise to 25%

Corporation tax is set to rise from 19% to 25% for firms with profits over £250,000, as part…

Retail jobs at lowest four quarter average in over a decade

The number of retail jobs in the UK was down to its lowest average four quarter level in…

UK GDP grows by 0.3% in January

Monthly gross domestic product (GDP) is estimated to have increased by a narrow 0.3% in…