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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Feb- 2020 -4 February
Retail chief executive turnover reaches seven-year high in 2019
Retail chief executive turnover has reached a seven-year- high, a new study has found. The Korn Ferry’s eighth annual UK…
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Jan- 2020 -29 January
Retail sales fall flat for third consecutive month, CBI finds
Retail sales volumes were flat for the third consecutive month in the year to January with no growth expected next…
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Dec- 2019 -3 December
Outstanding business rates challenges increase by 35%
The number of businesses waiting for challenges over soaring business rates to be resolved has jumped by more than a…
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Nov- 2019 -29 November
Consumer confidence ‘flatlines’ in November, claims GfK
GfK’s Consumer Confidence Index has revealed a ‘flatline’ in consumer confidence. Consumer confidence in November was ranked at -14, the…
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22 November
The Hut Group secures £510m debt facility to boost beauty investment
The Hut Group has secured a £510m of debt issuance with a seven-year maturity to help boost its digital and…
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18 November
Conservatives pledge business rates review
The Conservative Party has pledged a business rates review which aims to “reduce the burden” on UK businesses, as part…
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15 November
Boris Johnson pledges to invest in ‘left behind’ communities if Tories win
The Conservative party has proposed to reduce business rates for smaller businesses, in order to support “left-behind” towns, if they…
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14 November
Burberry profits rise despite Hong Kong protests ‘dampening’ sales
Burberry has posted pre-tax profit of £193m for the half-year to 28 September, despite recent protests in Hong Kong dampening…
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13 November
British Land profits slip in half-year results
British Land has reported a decrease in pre-tax profits for its first half, as its underlying pre-tax profits dropped from…
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4 November
Mothercare to appoint administrators, placing 2,500 jobs at risk
Mothercare has announced that it will appoint administrators, less than 18 months since it launched a CVA. The children’s company,…
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