CBI
This coverage explores the Confederation of British Industry’s (CBI) influence on the UK retail sector, focusing on policy advocacy, economic forecasts, regulatory consultations, and business sentiment. Reporting highlights how CBI initiatives and commentary shape retail strategies, workforce planning, and investment decisions — offering insights for retail executives, managers, and professionals navigating policy and economic developments.
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Aug- 2021 -12 AugustEconomy
UK economy surges 4.8% in June
The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK, according to figures published by the Office of National Statistics (ONS). Gross domestic product (GDP) is estimated to have grown for a fifth consecutive month in June 2021, by 1.0%,…
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Jun- 2021 -15 JuneCoronavirus
Sunak to reject furlough extension calls despite ‘freedom day’ delay
Chancellor Rishi Sunak is reportedly set to reject calls for an extension of the furlough scheme and business rates report to businesses despite the prime minister announcing a four-week delay to the lifting of restrictions. According to the Guardian, sources close to the chancellor have said that he believes sufficient…
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4 JuneCoronavirus
End commercial rents stalemate, urges CBI
The CBI has urged occupiers and landlords of commercial properties to collectively take “decisive” action to address commercial rent challenges on the path towards a full economic reopening. Whilst it believes most tenants should resume paying rents as normal when emergency legislation protecting from evictions and statutory demands ends on…
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Feb- 2021 -10 FebruaryComment
David Berkley QC: Interruption and insurance in the age of Covid
As we emerge from one of the most tumultuous periods in living memory, it perhaps comes as little surprise that insurance has been thrust into the spotlight. The unprecedented impact of the pandemic has brought a renewed focus to the issue of business security and, more specifically, business interruption coverage. …
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Jan- 2021 -28 JanuaryHigh Street
January brings -50% sales slump
Retailers in January witnessed the weakest sales month since May 2020, with sales down -50% from the previous month. According to the Confederation of British Industry (CBI), the decline follows what has been a “broadly stable” sales period in December, as Covid restrictions briefly eased. In January it was also…
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26 JanuaryCoronavirus
Unemployment rises 5% to 1.7m
The UK unemployment rate rose by 5% in the three months to November with over 1.7 million people now out of work, according to the latest figures by the Office for National Statistics (ONS). Since February 2020, the number of payroll employees has fallen by 828,000, however, the ONS said…
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15 JanuaryHigh Street
Supreme Court sides with small firms in business interruption insurance case
The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case, with the court’s ruling in the favour of small firms potentially forcing insurers to pay out £1.2bn in CBI claims. Following the judgement, thousands of policyholders will now have their claims for…
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Dec- 2020 -22 DecemberAnalysis
Planning for the Future White Paper
The Government published the Planning for the Future White Paper in August, hailing it as a once in a generation opportunity to fix a planning system that has long been regarded as not fit for purpose. Although the White Paper recognises that the planning system faces a number of challenges…
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Nov- 2020 -25 NovemberCoronavirus
Retail to stabilise as restrictions ease, says CBI
The Confederation of British Industry (CBI) has suggested that retail sales are set to stabilise as lockdown restrictions begin to ease. Although retail sales volumes fell in the year to November, overall retail sales volumes fell at a similar pace to the previous month, according to the latest CBI quarterly…
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Oct- 2020 -28 OctoberEconomy
Retail sales drop at sharpest pace since June
Retail sales figures in the UK have fallen at the sharpest pace since June, according to the Confederation of British Industry’s (CBI) latest monthly Distributive Trades Survey. In the survey of 116 firms, including 54 retailers, non-food retail categories such as department and clothing were among those reporting falling sales.…
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