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 -30 November
High street footfall drops on Black Friday for first time
Footfall across UK retail destinations rose by 2% last week from the week before, despite high street footfall falling on…
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26 November
Shoppers to face biggest Xmas price rises in over 30 years
UK shoppers are set to face the biggest Christmas price rises in over 30 years after the “angst of widespread…
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26 November
Footfall on the rise ahead of festive season
Footfall in UK retail destinations rose by 4.1% last week compared with the week before, a “considerable improvement” from the…
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19 November
UK Consumer Confidence improves in November despite high inflation
UK consumer confidence improved by three points in November despite concerns over rising inflation, according to GfK’s Consumer Confidence Index.…
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19 November
Retail sales return to growth in October
October Retail sales volumes rose by 0.8%, according to the latest data by the Office of National Statistics (ONS). Non-food…
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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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