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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Mar- 2025 -14 March
UK GDP unexpectedly falls 0.1% in Jan
The UK economy shrank unexpectedly by 0.1% in January as production in the manufacturing sector struggled, according to the latest…
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11 March
Valentines Day helps retail sales jump 1.1% in February
Total retail sales in the UK increased by 1.1% year-on-year for the four weeks ended 1 March, a similar increase…
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4 March
Shop price inflation remains at 0.7% despite surge in food prices
Shop price inflation remained in deflation at 0.7% in February, after also falling to -0.7% in January, according to data…
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Feb- 2025 -28 February
UK retail sales grow 2.3% in February, BDO reveals
Total retail sales in discretionary spend categories grew by 2.3% in February, compared to a negative base of -1.3% in…
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26 February
Bira ‘cautiously’ backs govt Crime and Policing Bill
The British Independent Retailers Association (Bira) has “cautiously” welcomed the new Crime and Policing Bill but demands more immediate action…
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26 February
One in 10 part-time retail jobs at risk, BRC says
One in 10 part-time retail jobs, up to 160,000 roles, could be at risk of being lost over the next…
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21 February
UK retail sales rise by 1.7% in January
UK retail sales volumes increased by 1.7% in January driven largely by food sales, the ONS has revealed. According to…
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20 February
UK consumer confidence drops to new low in February
UK consumer confidence slipped to a new low of -37 in February, amid the worsening state of the economy. According…
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19 February
Inflation hits highest level in 10 months
Inflation hit 3% in January, its highest level in 10 months, as air fairs, new private school fees and the…
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13 February
Economy unexpectedly grows by 0.1% in Q4
Britain’s economy unexpectedly grew in the final quarter of 2024, according to new figures from the Office for National Statistics,…
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