Wages
This coverage examines wage trends and policies in the UK retail sector, focusing on pay levels, employer contributions, labour cost management, and compliance. Reporting highlights how changes in wages impact staffing budgets, recruitment, retention, and operational planning — offering insight for executives, HR leaders, and finance professionals managing workforce investments.
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Oct- 2025 -2 OctoberHigh Street
Reeves set to scale back business rates plans for large retailers
Chancellor Rachel Reeves is reportedly planning to scale back plans to raise business rates on big retailers after warnings it could push up food prices, according to the Financial Times. The news comes after the Treasury had planned to put properties worth more than £500,000 into the highest tax band…
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Sep- 2025 -23 SeptemberHigh Street
BRC warns food inflation could stay above 5% until 2026
The British Retail Consortium (BRC) has warned that food inflation could remain above 5% well into 2026 if the retail industry faces further tax rises in the Autumn Budget. The trade body said around 4,000 large shops could see higher bills under a government proposal to impose a new business…
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17 SeptemberEconomy
Inflation holds steady at 3.8% but food prices on the rise
Inflation held steady last month, with a reported rise of 3.8% in the 12 months to August 2025, unchanged from July’s figures. According to the Office for National Statistics (ONS), the August and July figures mark the joint-highest recorded since January 2024, when the rate was 4.0%. It comes as…
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Jun- 2025 -10 JuneEconomy
Retail sales rise 1% in May despite low non-essential spending
Total retail sales rose by 1% year-on-year in the four weeks to 31 May, up from 0.7% in the same period last year, despite customers cutting back on non-essential purchases, according to new figures from the British Retail Consortium (BRC). It comes as consumer confidence had risen in May, supported…
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May- 2025 -16 MayClothing & Shoes
Next suffers shareholder rebellion over pay transparency
Next’s shareholders have pushed back against what some deemed as a lack of transparency over its staff pay after more than a fifth backed a resolution calling for more information. The vote at the retailers AGM yesterday (Thursday 15 May) saw 26.9% of shareholder votes in support of a resolution…
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9 MayEconomy
UK agrees trade deal with US but 10% tariff remains
The UK and the US have reached a “first-of-a-kind” trade agreement, under which the US will slash tariffs on UK carmakers, steelworks and farmers – protecting jobs and providing stability for exporters. According to the trade deal, car export tariffs will reduce from 27.5% to 10% – saving hundreds of…
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Apr- 2025 -24 AprilFeatures
Retail’s staffing crisis: why jobs are disappearing and what’s next
Across the UK, retail employment remains 5% below pre-pandemic levels, according to Deputy’s Big Shift 2025 report. The decline is steady, pushed along by automation, e-commerce, and shifting worker expectations. In contrast, London’s hospitality sector is booming – fuelled by the city’s night-time economy, now worth a quarter of all…
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15 AprilNews-In-Brief
Today’s news in brief-15/4/25
Halfords has appointed Henry Birch, former CEO of The Very Group, as its new chief executive, replacing Graham Stapleton, who steps down after seven years. Under Stapleton’s leadership, Halfords transformed from a cycling and motoring retailer into an omnichannel motoring services specialist, growing annual revenues from £1.1bn to £1.7bn. Birch,…
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8 AprilNews-In-Brief
Today’s news in brief-8/4/25
Levi Strauss & Co reported a strong start to 2025, with Q1 sales rising 3% to $1.5bn (£1.17bn) and adjusted EBITDA surging 47% to $204m (£159m), exceeding expectations. Direct-to-consumer revenues grew 9%, while wholesale sales increased 3%. The Levi’s brand saw an 8% global organic growth, with the Americas up…
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8 AprilHigh Street
Clintons returns to FY profit following store closures
Clintons has returned to profit following a period of store closures and job losses, with pre-tax profits rising to £8.1m in the year ended 29 June 2024, up from a loss of £5.4m the prior year. Full-year sales fell from £96.5m to £82.6m over the period, which was a “satisfactory…
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