Base Rate
This coverage focuses on the UK base rate and its impact on the retail sector. Stay informed on how changes to the base rate affect consumer spending, borrowing costs, and overall economic conditions. Tailored for retail professionals, our reporting provides insights into how monetary policy influences retail pricing, supply chain decisions, and broader business strategies within the UK retail industry.
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May- 2019 -17 MaySupermarkets
Asda experiences sales dip after failed merger
Asda has seen its sales drop amid an “incredibly challenging backdrop” during which it also saw its Sainsbury’s merger plans with rival Sainsbury’s scuppered by the CMA. Asda said the decline, which ends its record of seven consecutive quarters of growth, arose due to the later timing of the busy…
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Aug- 2018 -6 AugustHigh Street
Footfall drops in July as customers avoid high street in heatwave
The heatwave drew customers away from the high street in July, as footfall fell by 10.8% compared with the same month in 2017. According to the Ipsos Retail Traffic Index, footfall was down in all regions compared with July 2017 with Scotland and Northern Ireland seeing 6.5% less shoppers on…
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