Economy
The latest news, updates and analysis on the economy and how it is affecting the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Dec- 2024 -23 December
UK economy heading for ‘worst of all worlds’, CBI warns
The Confederation of British Industry (CBI) has warned that the UK economy is headed for “the worst of all worlds”…
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20 December
Retail sales fall short of expectations in November
Retail sales in the UK rose 0.2% in November, behind analysts expectations of 0.5%, according to data from the Office…
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19 December
BoE holds interest rates at 4.75%
The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…
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18 December
Inflation hits eight-month high of 2.6% in November
Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous…
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Nov- 2024 -28 November
Consumer confidence remains weak as Christmas approaches
Consumer confidence remains weak in the run up to Christmas, according to the the British Retail Consortium (BRC)-Opinium Consumer Sentiment…
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22 November
UK consumer confidence rises post-budget
UK consumer confidence increased three points to -18 in November, according to GfK’s long-running index. The survey revealed that all…
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20 November
Energy bills push inflation to 2.3% in October
The rising cost of energy has pushed inflation up to 2.3% in October, above consensus forecasts of 2.2%, according to…
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19 November
Retailers warn National Insurance increase could cause job losses
A number of large retailers have warned that the National Insurance increase could cause inflation and job losses, in a…
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15 November
UK economy stagnates in three months to September
UK gross domestic product (GDP) is estimated to have stagnated during the third quarter of the year as uncertainty ahead…
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15 November
BRC warns chancellor Budget could cause inflation and job losses
The British Retail Consortium (BRC) has warned that the latest budget could cause inflation and job losses, in a draft…
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