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 -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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26 February
90% of small firms not prepared for new data regulation
Over a third of small businesses have not yet started preparing for the introduction of the General Data Protection Regulations…
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23 February
Retail sales growth slows for third consecutive month
UK retail sales growth slowed for the third month in a row, according to CBI’s Quarterly Distributive Trades Survey. A…
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21 February
International consumers prepared to pay up to 22% more for British goods
As UK exports continue to thrive, new research by Barclays shows the premium that international consumers are prepared to pay…
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19 February
Third of SME retailers expect Bitcoin on high street in two years
Cryptocurrency will be a regular thing on the UK high street say a third of SME owners.A study conducted by…
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