Interest rate

Inflation holds steady at 2.2% in August

The rate of inflation remained steady at 2.2% in August, unchanged since July, yet is still above the Bank of…

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Breaking barriers: How independent retailers can overcome financial hurdles

Starting a shop is more than just a commercial endeavour. It’s a chance for creative individuals to realise their vision…

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UK consumer confidence remains stable in August

UK consumer confidence has remained stable in August at -13, according to GfK’s long-running index. The survey revealed that three…

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Today’s news in brief-9/8/24

Recent riots and protests across UK towns have significantly deterred shoppers, leading to a 4.8% decrease in footfall across high…

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CMO sales fall by 17% in H1 amid poor weather

CMO has seen H1 sales fall by 17% to £30.3m, down from £36.9m the prior year, after first quarter sales…

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Today’s news in brief-11/7/24

The UK economy surpassed expectations with a 0.4% GDP growth in May 2024, boosted by improved weather conditions. The services…

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UK economy beats expectations as GDP jumps 0.4%

UK gross domestic product (GDP) beat expectations in May, increasing 0.4%, as a result of better weather, according to data…

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BoE decision a ‘blow for Gen Z spending’, says RSM UK

The economic impact of high interest rates is set to hit Gen Z spending for the next 12 months, “prolonging…

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DFS slashes FY guidance amid Red Sea disruption and weak demand

DFS has downgraded its full-year guidance amid “challenging” consumer demand and ongoing disruption issues in the Red Sea, which have…

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How to know when your retail company is ready for outside investment

In today’s retail market, acquisition has become a common strategy for growth, expansion, and exit. For retailers, understanding when their…

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