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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Mar- 2018 -29 March
A quarter of SME retailers expect to see Easter sales increase
A quarter of SME retailers expect to see an increase in sales activity over the Easter bank holiday weekend, according…
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26 March
No-deal Brexit ‘could add £7.8bn’ to retail costs
New research launched from Retail Economics and Squire Patton Boggs shows that £7.8bn could be added to the cost of…
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23 March
Retail sales see first increase in two months
Retail sales increased by 0.8% in February this year compared with the previous month, with increases seen across all main…
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21 March
UK consumer price inflation falls in February
The consumer price inflation (CPI) rate fell from 2.7% in January to 2.5% in February 2018, according to the Office…
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14 March
Morrisons reports third consecutive year of profit growth
Supermarket giant Morrisons has revealed profit growth of 16.9% to £380m, in a third consecutive year of positive financial growth.…
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13 March
Consumer spending suffers weakest start since 2012
The latest Visa UK Consumer Spending Index data revealed a reduction in overall consumer spending in February, calling it the…
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12 March
Quarter of major UK retailers likely to suffer ‘financial distress’
A new study of over 1600 larger UK retailers with total assets of £5m or over by Company Watch, a…
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1 March
Shoppers shun high street for online as January sees strongest growth since 2013
Online retail delivery order volumes were up 20.6% year-on-year in January, according to the latest data from the IMRG MetaPack…
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Feb- 2018 -28 February
Pressures on shop prices ease
February shop price deflation deepened to 0.8% in February 2018 compared 0.5% with the previous month. According the British Retail…
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27 February
High street banks urged to continue taking in old £10 notes to ‘save’ retailers
Retailers are continuing to hand out old £10 notes despite them ceasing to be legal tender on 1 March 2018.…
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