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N Brown names new financial services chiefs

N Brown names new financial services chiefs

Gear4music FY26 profits surge to £10.3m

Gear4music FY26 profits surge to £10.3m

Castore acquires Grenson

Castore acquires Grenson

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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.

Consumer confidences slumps to lowest level since records began

Gfk’s long-running Consumer Confidence Index has decreased drastically by 25 points between…

UK GDP expected to contract by 15% in Q2 2020

The UK economy is about to enter the deepest recession since the financial crisis, including…

Covid-19 brings UK economy to temporary standstill, says KPMG

The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020,…

FCA asks companies to delay preliminary financial accounts

The Financial Conduct Authority (FCA) has requested companies which were due to issue its…

New bank of England boss promises fresh measures to fight Covid-19

The new Bank of England boss, Andrew Bailey, has promised a fresh set of measures to help…

Retail welcomes ‘bold move’ from chancellor to support business

The retail industry has welcomed the “bold move” announced by the chancellor…

Government to introduce 2% digital services tax

The UK Government has confirmed plans to introduce a new 2% tax on the revenues of online…

ROUNDUP: Business rates holiday announced by chancellor Sunak

In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus…

Bank of England cuts interest rates to help combat coronavirus impact

The Bank of England has cut UK interest rates back down to the lowest level in history to…

Revo calls on Government to ‘make good’ on review of business rates system

Revo, which supports businesses in the retail property and placemaking sector, has called on…