Economic Growth
This coverage reviews UK economic growth trends and their impact on the retail sector, focusing on consumer spending, GDP indicators, inflation, and regional performance. Reporting examines how macroeconomic shifts shape retail investment, pricing strategies, and store expansion decisions—offering insights for retail executives, CFOs, and business leaders navigating market cycles and strategic planning.
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Oct- 2019 -31 OctoberEconomy
Consumer confidence drops further in October
Gfk’s long-running Consumer Confidence Index decreased two points to -14 in October. The measure for the general economic situation of the country during the last 12 months decreased by one point during month to -33, five points lower than in October 2018. Expectations for the general economic situation over the…
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Jul- 2019 -31 JulyEconomy
Consumer confidence increases by two points in July
Consumer confidence rose by 2 overall to -11 for the month of July, according to GFK’s Consumer Confidence Index. Personal finance situation for the next 12 months continues to recover, +5 for the month, matching the same period last year. The major purchase index increased six points in July to…
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Nov- 2018 -1 NovemberEconomy
Bank of England puts hold on interest rates due to Brexit uncertainty
The Bank of England has placed interest rates on hold following growing uncertainty around Brexit. A vote to leave rates unchanged held by the bank’s Monetary Policy Committee (MPC) was in favour of leaving rates at 0.75% by 9-0. Financial markets are currently indicating that rates will not rise until…
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Sep- 2018 -10 SeptemberHigh Street
Summer weather drives GDP and retail growth
The joint hottest summer ever and the World Cup helped the UK experience both GDP and retail growth. The Office for National Statistics (ONS) said GDP increased by 0.6% in the three months to the end of July. Retail trade also saw growth of 2.1%. The retail trade contributed 0.11…
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Apr- 2018 -27 AprilEconomy
Retail sales expected to be ‘a little healthier’ next month
Retail sales are expected to pick up in May, according to the Distributive Trades Survey by the Confederation of British Industry (CBI). The survey of 100 firms showed that, in the year to April, retail sales volumes were broadly unchanged. Sales were below average for the time of year for…
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13 AprilDepartment Stores
Sanpower to introduce Chinese brands to Europe through House of Fraser
Sanpower Group has announced a new supply chain programme to introduce premium Chinese brands to the UK, Europe and rest of the world through House of Fraser. Launched at the first Sanpower Global Supplier Conference in Nanjing, China on 10 April, the global supply chain management platform aims to spur…
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