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- 2021 -21 December
Sunak unveils £1bn support package for Omicron-hit businesses
Chancellor Rishi Sunak has announced a further £1bn support package for businesses impacted by the new Omicron variant. As part…
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17 December
November retail sales rise by 1.4%, ONS reveals
Retail sales volumes rose by 1.4% in November 2021, and were 7.2% higher than pre-Covid levels in February 2020, according…
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10 December
Plan B to ‘significantly’ impact footfall, report finds
There will reportedly be a significant impact on footfall in UK retail destinations following the government’s announcement regarding Plan B,…
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9 December
Moonpig revenue dips in H1
Moonpig has revealed that year-on year revenue fell by 8.5% to £142.6m in the half-year ended 31 October, despite reporting…
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7 December
Footfall shows signs of Omicron hesitancy
Footfall rose by only 0.7% in UK retail destinations last week against the week before, according to new data from…
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6 December
Sustainability ‘falls down agenda’ for retailers, report finds
Sustainability is less important now than it was a year ago for a quarter (24%) of retailers, while 8% say…
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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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