Inflation

Travis Perkins hikes profit guidance amid ‘robust’ trading

Travis Perkins has upgraded its expected profit for its full-year results following a period of “robust” trading in recent months. …

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Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure

Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…

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Wickes sees Q3 sales slow amid DIY hiatus

Wickes has revealed its total like-for-like sales fell 1.6% in the 13-week period ending 25 September 2021 as the peak…

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Consumer confidence drops for third straight month

Consumer confidence has dropped for the third straight month in October, down four points to -17, according to the latest…

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UK Inflation falls to 3.1% despite rising fuel costs

UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office…

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Rising energy and fuel costs hits supermarket sales

Total Till grocery sales slowed to -0.7% in the last four weeks ending 9 October 2021, as UK shoppers begin…

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September online retail sales drop by 12.5% YOY, data warns

Online retail sales fell back 12.5% year-on-year in September, according to the latest IMRG Capgemini Online Retail Index, which tracks…

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Mid-market retailers set to continue investments, RSM say

The shift in focus to online in the mid-market retail sector is set to continue, with the majority of retailers…

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Retailers plan increased store space despite business rates challenge

Mid-market retailers are set to invest in more physical stores over the next two years in a bid to increase…

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Consumer confidence hits lowest level this year

Consumer confidence has returned to pre-pandemic levels, but still hit its lowest point in 2021 following “record” highs earlier this…

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