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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Oct- 2020 -6 October
High Streets Task Force appoints 150 experts
The High Streets Task Force has appointed 150 professionals to work with local authorities in England over the next four…
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Sep- 2020 -30 September
N Brown reveals H1 recovery on back of homeware demand
The N Brown group has posted a “recovery” in H1 sales following an increased demand for homeware. N Brown said…
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29 September
ScS posts full year loss despite post-lockdown boost
ScS has revealed it made a statutory loss of £3.1m before tax in the preliminary results for the year ending…
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28 September
£3bn tariff ahead for UK retailers and consumers, warns BRC
Supermarkets and their customers could face £3bn a year of tariffs on food and drink if a free trade deal…
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24 September
DFS posts full year loss in preliminary results
Sofa retailer DFS has reported losses before tax of £56.8m, in the group’s preliminary results for FY20. For the FY…
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16 September
EOTHO pushes UK inflation down to five-year low
The Consumer Prices Index (CPI) 12-month rate fell to 0.2% in August 2020, down from 1% in July, according to…
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14 September
700,000 jobs at risk as end of furlough scheme draws near
Over 700,000 employees are at risk of being made redundant in the second half of 2020, research from Institute for…
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10 September
Government launches new ‘bounce back’ plan for retailers
A new series of measures has been announced by the UK Government to support businesses in the consumer and retail…
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9 September
Pizza Hut to close 29 sites, 450 jobs cut
Pizza Hut has confirmed it is to close 29 sites as part of a Company Voluntary Agreement (CVA) that will…
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8 September
UK retail sales increase by 4.7% in August
UK retail sales in August have increased by 4.7% on a like-for-like basis from August 2019, according to figures released…
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