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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Aug- 2019 -21 August
CEO pay at the UK’s biggest companies falls by 13%
CEOs of FTSE 100 companies have seen their salary drop by 13% year-on-year to an average of £3.4m in 2018.…
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13 August
UK can avoid no-deal ‘Brexit chaos’, says Next CEO
Next CEO Simon Wolfson has said he believes that the UK will avoid “serious disruption” in the case of a…
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Jul- 2019 -31 July
Consumer confidence increases by two points in July
Consumer confidence rose by 2 overall to -11 for the month of July, according to GFK’s Consumer Confidence Index. Personal…
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9 July
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…
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9 July
Online to make up more than 50% of retail sales in 10 years
Online shopping will account for more than 50% of retail sales (up from 19% currently) in the next 10 years…
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5 July
Retail sales slump in June
Like-for-like in-store sales fell by -0.8% in June according to the High Street Sales Tracker (HSST), published today by accountancy…
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1 July
Retailers see fastest drop in sales since financial crisis, says CBI
Retail sales volumes fell at its fastest pace since March 2009 in the year to June, according to new research…
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Jun- 2019 -28 June
UK consumer confidence slips in June
Market research company GfK’s long-running Consumer Confidence Index has showed that confidence among consumers in the UK has decreased by…
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25 June
UK grocery market sees ‘modest’ growth despite wet start to summer
The latest grocery market share figures, published by research, data and insight consultancy company Kantar, show supermarket sales grew by…
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21 June
Retail sales slump in May
The quantity bought in May 2019 decreased by 0.5% when compared with the previous month, with a strong decline of…
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