Economic Headwinds
This coverage analyses the economic headwinds confronting the UK retail sector in 2025. Reporting focuses on factors such as rising operational costs—including increased employer National Insurance contributions and higher minimum wages—reduced consumer spending due to the ongoing cost-of-living crisis, and a challenging macroeconomic environment marked by consecutive GDP contractions. Additionally, the coverage examines the impact of these pressures on retail operations, including store closures, job losses, and shifts in consumer behaviour. These insights are tailored for retail executives, financial planners, and professionals navigating strategic decision-making amid economic uncertainty.
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Jul- 2022 -21 JulyNews
Frasers Group swings to profit but warns of economic headwinds
Frasers Group has reported a “record-breaking” year with pre-tax profits surging to £344.8m in FY22, up from a loss of £39.9m in FY21, despite “significant” economic headwinds and challenges across the sector. Group revenues also increased 30.9% year-on-year from £3.62bn to £4.74bn, as the company recovers from Covid-19. However, Frasers…
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Jul- 2020 -3 JulyEconomy
Consumer confidence increases in June
GfK’s fourth Covid-19 flash report has revealed Consumer Confidence Index increased by three points to -27 over the past two weeks. Joe Staton, GfK‘s client strategy director, said after the recent “near-historic low” of -36 for the Consumer Confidence Barometer last month, there are some early signs of improvement…
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Nov- 2019 -1 NovemberHigh Street
Phillip Day loses £5.7m equity following Bonmarche collapse
Phillip Day has lost his £5.7m equity investment in Bonmarche, following its collapse into administration last month. Spectre Holdings Ltd, owned by Phillip Day, lost its multi-million investment when administrators from FRP were appointed to handle the administration process, In-Cumbria reported. Spectre provided Bonmarche with working capital and a “cost…
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Dec- 2018 -21 DecemberEconomy
London’s West End to receive £186m pre-Christmas boost
Shoppers visiting London’s West End are expected to spend £186m in the final three days before Christmas, according to New West End Company, who represent over 600 retailers, hoteliers and property owners in the region. During these final three days more discounts and promotions will be on offer, including up…
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May- 2018 -16 MayHigh Street
Moss Bros trading recovers slightly but sales struggles continue
Moss Bros has announced a slight improvement in its first quarter for 2018 despite its sales figures continuing to struggle. Total like-for-like sales were 5.2% lower for the 15 week period to the 12 May 2018. However this is an improvement on the 6.5% decline that was reported in its…
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