Economic Growth

Angling Direct sees group revenues rise to £81.7m

Fishing tackle retailer Angling Direct has reported a 10.2% increase in revenue to £81.7m for the year ended 31 January…

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Today’s news in brief-15/2/24

The UK has entered a technical recession as its GDP contracted by 0.3% in the final quarter of 2023. This…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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M&S ‘top performing’ grocer over Christmas period

M&S has revealed that it was the top performing grocer in volume growth terms over the Christmas period and the…

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Consumer confidence improves during December

Consumer confidence improved two points during December to -22 as sentiment improved ahead of Christmas. All five measures were up…

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Supply chain pressures slow down retail growth

Continued supply chain pressures, including cost increases, delayed materials and shortages outrank workforce challenges and increasing business costs as a…

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Lidl to add over 1,500 warehouse staff amid new distribution centre plans

Lidl GB has announced that it is recruiting over 1,500 warehouse colleagues across its existing regional distribution centre (RDC) network,…

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Retailers welcome budget but ‘missed opportunity’ for rates reform

Retail has welcomed the support for households in the face of the cost of living crisis in the chancellor’s Spring…

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Retail jobs at lowest four quarter average in over a decade

The number of retail jobs in the UK was down to its lowest average four quarter level in over a…

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PM agrees new Brexit deal with EU for NI

Prime minister Rishi Sunak has agreed a deal with the head of the European Commission, Ursula von der Leyen, for…

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