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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.

Trump’s new global US import tariffs launch at 10%

The levies follow a Supreme Court ruling that found his tariffs last year to be illegal

Retail sales volumes rise 1.8% in January

Online spending values rose by 1.3% in January 2026, a 14.7% increase compared with the same…

Retail job cuts could be on the horizon amid rising costs, BRC warns

A group survey showed office headcount, workers’ hours and recruitment are at risk

Inflation falls to 3% in January

Electricity prices also provided a counteracting upward effect, rising by 5.3% in the year…

UK unemployment hits 5.2% as wage growth slows

This marked the highest rate seen since the quarter to January 2021

TUC calls on Bank of England to ‘go further’ with rates cuts

It comes after GDP grew by only 0.1% in the three months to December 2025 as consumer demand…

UK economy grows by 0.1% in final quarter of 2025

In terms of annual growth, the ONS said GDP grew by 1.3% in 2025, up from a 1.1% rise in 2024

UK retail sales see 2.7% boost in January after ‘drab’ December

Growth in food and non-food sectors outpaced 12-month average despite ongoing concerns…

BoE holds interest rates at 3.75%

In December, the bank had voted to cut rates from 4% to 3.75%, the lowest the level it had…

Shop price inflation rises to 1.5% in January, BRC finds

Non-food retailers saw a return to inflation at 0.3%, following a 0.6% decline in December