Economy
This coverage explores how economic trends and policies affect the UK retail sector. Reporting focuses on GDP, inflation, consumer confidence, interest rates, and broader fiscal measures, assessing their impact on retail sales, pricing strategies, and operational decisions. Tailored for professionals evaluating market conditions, financial risks, and opportunities within a shifting economic landscape.
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Mar- 2020 -11 MarchBusiness Bites
ROUNDUP: Business rates holiday announced by chancellor Sunak
In his maiden budget, the new chancellor, Rishi Sunak, has announced a £30bn fiscal stimulus package to help combat the impact of coronavirus on the British economy including a one-year total suspension of business rates for small retail, leisure and hospitality businesses. Headline measures include: A £12bn plan to provide…
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Jul- 2019 -9 JulyAnalysis
Disorderly Brexit could see the UK economy lose out on £22bn a year by 2024
Employers operating in retail most at risk of losing staff A ‘disorderly Brexit’ could see the UK suffer a £22bn reduction in economic output, compared to an ‘orderly Brexit’ – a new study has revealed. The report, developed by workforce management expert Quinyx in collaboration with Development Economics and Censuswide,…
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Apr- 2019 -29 AprilAnalysis
The subscription economy
Global spending on subscription-based services and products is booming, powered by an ever-growing range of brands offering everything from media content, to specialist food and drink, apparel, and cosmetics. Initially these existed in the realm of pioneering startups offering niche services and products. Now global retail giants are scrambling to…
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Oct- 2018 -15 OctoberAdvice
Why the retail industry needs Extended Producer Responsibility
Waste as a resource remains a hot topic in the news agenda. Consumers are becoming more concerned about the future of our environment, which has resulted in the government introducing a number of new policies to ensure we’re all working towards a more sustainable future. Mattresses are a particular recycling…
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2 OctoberComment
How can ecommerce brands make the most of the sharing economy?
Not so long ago, the idea of renting out our homes to strangers, leasing clothing from brands or even sharing taxis with fellow commuters would have been anathema to many. But today, thanks to the emergence of the sharing economy and the brands that have come to define this trend,…
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Aug- 2018 -14 AugustEconomy
High street job losses ‘cost British economy £1.5bn’
New research has found that high street job losses have cost the British economy £1.5bn, as the number of lost jobs exceeds 30,000. Figures from the New Economics Foundation (NEF) include those facing imminent redundancy alongside those who have already lost their jobs, adding up to £1.5bn in lost GDP.…
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Jul- 2018 -5 JulyEconomy
England/Colombia World Cup win scores UK a £1.3bn economy boost
England’s penalty shootout victory against Colombia has given the UK economy a £1.33bn boost according to new figures. The figures from the Centre for Retail Research (CRR) show that the UK will benefit from a £2.72bn boost if England make the final. It is thought that the majority of the…
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Feb- 2018 -2 FebruaryAnalysis
The role of manufacturers and retailers have in creating a circular economy
Consumers have long been targeted for their sustainability efforts, from recycling to upcycling and beyond. However, while individuals can make a difference to sustainability targets, businesses, and in particular, manufacturers and retailers are now being called upon to do much more to help create Britain’s much needed circular economy. Why?…
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