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.
-
Sep- 2024 -11 September
UK economy stagnates for second consecutive month
The UK economy experienced no growth for the second consecutive month in July, underperforming analysts’ expectations of 0.2% growth for…
Read More » -
3 September
August sales jump 1% YOY despite weak back to school performance
UK Total retail sales increased by 1.0% year on year in August, against a growth of 4.1% in August 2023,…
Read More » -
Aug- 2024 -16 August
Retail sales rebound in July as Euros give needed boost
Retail sales increased 0.5% in July after falling 0.9% in June, as retailers saw a welcome boost from Euro 2024…
Read More » -
15 August
UK economy grows by 0.6% despite June flatline
The UK economy has grown by 0.6% between April and June, in part boosted by the service sector, according to…
Read More » -
14 August
Inflation rises to 2.2% due to energy prices
Inflation increased for the first time this year in July, as energy prices fell less than they did a year…
Read More » -
6 August
Retail sales jump 0.5% in July as clothing performance improves
UK Total retail sales increased by 0.5% year on year in July, against a growth of 1.5% in July 2023,…
Read More » -
1 August
BoE cuts interest rates for first time in 4 years
The Bank of England (BoE) has cut interest rates for the first time in four years, with the rate falling…
Read More » -
Jul- 2024 -30 July
Shop price inflation remains unchanged in July
Shop Price annual inflation remained unchanged at 0.2% in July but economic uncertainty could lead to future rises, the British…
Read More » -
17 July
Inflation holds steady in June despite rise in hotel prices
Inflation remained steady at 2% in June despite a strong rise in hotel prices during the month, according to the…
Read More » -
11 July
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…
Read More »
