Warm weather and Easter weekend boosted UK spending in April, says Barclays Consumers shrugged off anxiety over effect of US tariffs as card spending grew by 4.5% year on year The Guardian - UK · May 12, 2025
Major supermarket announces new store trial which will track you as you shop The trial will take place at Asda stores in Ashton, Chadderton, Harpurhey, Eastlands and Trafford Park in Greater Manchester The Independent UK · Apr 3, 2025
FTSE 100 falls after plunging consumer confidence report Polling by the British Retail Consortium found expectations for the economy worsened for the fifth consecutive month in February. Evening Standard · Feb 20, 2025
Gold hits record high amid geopolitical worries; Amazon takes creative control of James Bond – as it happened Spot price of gold is approaching $3,000/ounce while Amazon has acquired creative control of the spy franchise from the Broccoli dynasty. The Guardian - UK · Feb 20, 2025
January sales give retail stores their strongest growth in almost two years Total retail sales across the UK increased by 2.6% year on year in January, according to the British Retail Consortium (BRC) and KPMG. The Independent UK · Feb 11, 2025
Consumer expectations for economy plunge to ‘new low’ A survey found expectations for the state of the economy over the next three months have worsened to minus 34, down from minus 27 in December. Evening Standard · Jan 23, 2025
Consumer expectations for economy plunge to ‘new low’ amid job cuts Hopes for the state of the economy over the next three months have dampened since December, according to a consumer confidence survey The Independent UK · Jan 23, 2025
PM insists Reeves in post for ‘many years’ amid calls to rule out tax hikes Conservative Party leader Kemi Badenoch asked Sir Keir Starmer if the country could ‘afford four more years of his terrible judgments’. Evening Standard · Jan 15, 2025
Two thirds of retailers to hike prices because of Rachel Reeves’ budget, industry warns The British Retail Consortium said 67 per cent of the finance bosses they asked said they would raise prices The Independent UK · Jan 15, 2025
Retailers warn of higher prices in 2025 and urge ministers to ease tax burden Companies grappling with higher employment costs say price of food may rise by 4.2% in latter half of year The Guardian - UK · Jan 9, 2025
Biden blocks Nippon Steel’s $15bn bid for US Steel over national security fears – as it happened Rolling coverage of the latest economic and financial news as the US president uses his final days in office to block a $15bn bid for US Steel The Guardian - UK · Jan 3, 2025
Nearly 170,000 UK shop workers lost their jobs in 2024 Collapse of chains such as Homebase and Body Shop contributed to big rise, and another tough year is on the cards The Guardian - UK · Dec 29, 2024
Christmas ‘disastrous’ for retailers as households battle ongoing cost pressures Retail footfall was 11.4% down on last year over the final full week before Christmas, according to Rendle Intelligence and Insights. The Independent UK · Dec 23, 2024
UK growth revised down to zero; firms warn economy is heading for ‘worst of all worlds’ – as it happened UK GDP flatlined in the July-September quarter, ONS reports, as companies warn October budget has hurt economy too The Guardian - UK · Dec 23, 2024
Evening Standard · Dec 5, 2024 Cash use increased for the second year in a row in 2023, say retailers Cash accounted for nearly a fifth of transactions in 2023, with people making smaller purchases, the British Retail Consortium said.
The Guardian - UK · Nov 29, 2024 Global trade tensions and cyber attacks ‘threaten UK economy’; UK Black Friday spending ‘up 12%’ – as it happened Bank of England says global risks remain high, and the outlook has become more uncertain and riskier
Evening Standard · Nov 5, 2024 Retailers suffer ‘disappointing’ October amid pre-Budget jitters Total UK retail sales were up 0.6% year-on-year last month against a 2.6% increase last October, according to the BRC-KPMG Retail Sales Monitor.
The Independent UK · Oct 23, 2024 ‘Amazon tax’ to save Britain’s high streets under consideration by Reeves The British Retail Consortium, the industry’s trade body, welcomed the idea of reform but warned against the idea of simply punishing online players
The Guardian - UK · Oct 6, 2024 More than 70 retailers urge Reeves to make 20% cut to business rates In letter to chancellor, Tesco and M&S are among firms warning tax could result in widespread store closures
International Business Times UK · Aug 9, 2024 UK Shoppers Furious Dolmio Shrinked 500g Jars By 10% While Maintaining Same Price Dolmio is facing backlash from customers after shrinking its sauce jars, including Bolognese, by a third without lowering prices.
The Guardian - UK · May 28, 2024 European Central Bank ready to cut interest rates; UK retail sales jump as inflation slows – business live ECB policymakers indicates June rate cut is a done deal, while IT glitch which prevented some NatWest customers accessing accounts has been fixed
The Guardian - UK · Apr 8, 2024 UK retailers given hope of ‘green shoots of recovery’ after Easter pickup Sector enjoyed best month in more than two years in March, consumer spending report shows
International Business Times UK · Feb 23, 2024 Retail Businesses Urge Government To Tackle Increasing 50% Theft And Abuse Cases Retail employees have called on the government to implement tougher measures against attackers after theft and abuse incidents have increased by 50 per cent.
The Guardian - UK · Feb 6, 2024 Bank of England’s Dhingra warns of ‘downside risks’ for UK economy; Adam Neumann ‘seeking to buy WeWork out of bankruptcy’ – as it happened Rolling coverage of the latest economic and financial news, as BoE dove pushes for early cuts to UK interest rates to support economy
The Guardian - UK · Jan 30, 2024 IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023