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Lululemon lowers full-year guidance after Americas slowdown

Lululemon lowers full-year guidance after Americas slowdown

British Land opposes ‘unacceptable’ TG Jones restructuring plan

British Land opposes ‘unacceptable’ TG Jones restructuring plan

UK retail footfall drops 2.6% as heatwave slows shopping recovery

UK retail footfall drops 2.6% as heatwave slows shopping recovery

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Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Interest Rates

This coverage explores UK interest rate movements and their impact on the retail industry, focusing on monetary policy decisions, borrowing costs, consumer spending, and retailer financing strategies. Reporting highlights how rate changes affect sales dynamics, investment planning, and operational budgets — providing insight for executives, finance leads, and business strategists navigating economic volatility.

Bank of England cuts interest rates to 4.75%

The Bank of England has cut interest rates for the second time this year, with rates now cut…

Castore swings to pre-tax loss of £28.8m despite sales surge

British sportswear brand Castore has reported a pre-tax loss of £28.8m for the year ended 4…

Today’s news in brief-16/10/24

Inflation in the UK has dropped to 1.7% in September, marking its lowest level in over three…

Inflation falls to lowest rate in over three years

UK inflation fell to 1.7% in September, down from 2.2% in August, marking the lowest rate in…

Today’s news in brief-14/10/24

Mulberry’s majority shareholder has rejected an increased bid from Frasers Group,…

Sainsbury’s chief calls for Budget action on consumer confidence

Sainsbury’s boss Simon Roberts has called on the government to introduce measures to improve…

Booths narrows pre-tax losses to £1.6m

Supermarket chain Booths has narrowed its losses from £4.0m in 2023 to £1.6m and has…

Sleepeezee pre-tax profits dip to £159k in FY23

Bed retailer Sleepeezee has reported a pre-tax profit of £159,261 for the year ended 31…

Oliver Bonas profits fall to £6.8m amid high inflation

Oliver Bonas profits dropped to £6.8m for the year ended 31 December 2023 as the company…

BoE holds interest rates at 5%

The Bank of England (BoE) has decided to hold interest rates at 5% this month, having…