Budget
This coverage examines the UK government’s seasonal budget announcements and their implications for the retail sector. Reporting focuses on tax changes, business rates, employment policies, and economic forecasts that directly affect retailers, brand managers, and executives. With analysis tailored to commercial strategy, the insights help professionals assess how fiscal policy shapes retail operations, profitability, and investment decisions.
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Jun- 2025 -5 JuneEconomy
Consumer confidence hasn’t recovered since Brexit vote, Barclays finds
Consumer confidence reached its highest point in the past 10 years in September 2016, at 48%, just after the Brexit referendum, according to Barclays’ “10 Years of Spend” report. Barclays has been tracking consumer confidence monthly since 2015 and also surveyed 2000 people in the UK for the report, which…
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May- 2025 -21 MaySupermarkets
M&S warns of £300m profit hit following cyber attack
Marks and Spencer has reported its highest profits in over 15 years, with pre-tax profits up by 22.2% to £875.5m in its full-year results, but has warned it faces a £300m hit to next year’s profits amid ongoing disruption from a major cyber attack. In the year ended 29 March…
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15 MayEconomy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between January and March, following a 0.1% rise the prior quarter. This was ahead of analysts’ expectations, who had forecast a growth of 0.6% for the period. According to the Office…
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14 MayFeatures
A Lidl bit more: Why is Lidl investing in expansion?
On 28 April Lidl announced that it is going to invest £500m in store expansion, aiming to open more than 40 stores in the process. The budget supermarket has been rapidly gaining market share in the UK hitting a record 8.1% in May 2024, according to data from Kantar. With…
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Apr- 2025 -28 AprilFeatures
Why is Hilco Capital looking to acquire Lakeland?
British retail is no stranger to seeing a heritage brand acquired by a private equity firm. The latest name on that list seems to be family-owned homeware retailer Lakeland which is reportedly on the verge of being acquired by Hilco Capital. It was revealed in January that the company had…
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28 AprilHigh Street
Hilco Capital and Endless table offers for Poundland
Several potential buyers have reportedly tabled their offers to acquire Poundland, after the retailer has been hit by struggling sales and mounting losses in recent months. According to Sky News, Hilco Capital and turnaround investor Endless both set forth their respective proposal offers on Friday (25 April) ahead of a…
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23 AprilHigh Street
The Entertainer to launch in over 2,000 Tesco Express stores
The Entertainer is set to introduce a selection of its key toy lines to over 2,000 Tesco Express stores as part of an expanded partnership with the supermarket. From April 2025, the toy retailer will launch in 2,010 Tesco Express stores across the UK, with its selection of toys including…
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16 AprilEconomy
Inflation falls more than expected to 2.6% in March
Inflation has fallen more than expected to 2.6% in the 12 months to March 2025, down from the 2.8% rise in February, driven largely by a fall in petrol prices. According to the ONS, the largest downward contributions came from recreation and culture and motor fuels, with a further large…
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7 AprilGovernment
Entry-level job costs jump over 10% for retailers
The cost of employing people into entry-level jobs has increased over 10% for retailers as a result of the rise in National Insurance Contributions (NICs) coupled with the increase to the National Living Wage, according to the British Retail Consortium. Alongside this, the trade body has claimed that the cost…
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4 AprilHigh Street
Nearly half of all retail staff worked while unwell last year
Nearly half (46%) of retail staff worked while unwell at the end of last year, which is 5% higher than the end of 2023, as fears around job cuts following the autumn Budget’s tax rises took hold. According to the new Retail People Index, published by the Retail Trust and…
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