England

Heatwave helps boost retail sales 2.3% in July

Retail sales increased 2.3% in July as the heatwave experienced across the UK helped boost demand for “hot weather essentials”,…

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How luxury brands are turning to young consumers to boost sales

Despite the cost-of-living crisis having a firm grip on consumers, it seems that luxury brands are finding ways to retain…

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Women’s Euro and summer heatwave reduce online retail sales decline

Online retail sales growth dipped -2.3% year-on-year (YoY) in July 2022 as the Women’s Euro final and the summer heatwave…

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UK recession can be averted, claims Truss

In an interview with Sky News’s Kay Burley last night (4 August), foreign secretary Liz Truss claimed she could avert…

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BoE hikes rates to 1.75%, warns UK to enter recession until 2024

The Bank of England (BoE) has raised interest rates from 1.25% to 1.75%, marking the biggest rise in rates since…

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Poundland targets 25 new sites amid wide-ranging price cuts

Poundland has confirmed it is set to open 10 new and relocated stores before the end of September, with up…

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Shop vacancies fall for third quarter in a row

In the second quarter of 2022, the overall GB vacancy rate decreased to 14.0%, which was 0.1 percentage points better…

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Transitional relief could cost retailers over £1bn, BRC warns

Retailers have warned that the failure to fix the “flawed” Transitional Relief system could cost the industry over £1bn between…

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Footfall drops as heatwave hits UK

Footfall across UK high streets are down -7.3% on last week as the country experiences a heatwave, according to Springboard.…

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Asda launches £1 meal charge for children 

Asda has unveiled what it calls its “strongest ever initiative” to help feed children amid the cost of living crisis,…

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