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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Nov- 2021 -17 November
Ethical buyer impacting retail strategies, study finds
The ethical buyer is having a “significant impact” on future retail strategies, according to a new survey from RSM. RSM’s…
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16 November
Footfall begins to see Christmas rise
Footfall in UK retail destinations rose by 1.5% last week from the week before, according to Springboard. However, performance varied…
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15 November
Consumers to spend £21bn this Christmas, says PwC
One in four consumers intend to spend more this festive season, with an average £428 spend per person up from…
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11 November
UK recovery slows to 1.3% in Q3
UK economic growth slowed to 1.3% in Q3, down from 5.5% in the second quarter of the year. According to…
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4 November
Footfall improves during October
October footfall saw a “noticeable improvement” to -13.4% lower than in 2019 compared with -17.4% in September, according to the…
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2 November
Footfall surges during half-term break
Footfall across UK retail destinations rose by 11.1% last week from the week before, according to latest data from Springboard.…
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Oct- 2021 -22 October
Consumer confidence drops for third straight month
Consumer confidence has dropped for the third straight month in October, down four points to -17, according to the latest…
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22 October
September retail sales fall 0.2%, ONS reveals
September retail sales volumes fell by 0.2% and by 2.6% when compared with the same period in 2020, according to…
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20 October
UK Inflation falls to 3.1% despite rising fuel costs
UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office…
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19 October
UK footfall return remains steady
Footfall across UK retail destinations declined marginally by -0.7% last week from the week before, according to Springboard. UK footfall…
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