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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May- 2018 -21 May
SME retailers see international payments double
Small and medium-sized retailers (SMEs) are responding to macroeconomic pressure in the UK by expanding internationally, according to a survey.…
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15 May
Decline in retail vacancies slows job growth market
Job growth has slowed since the beginning of the year with the retail industry suffering the biggest decline, according to…
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14 May
Retail consumer spending sees sharpest drop since 2012
Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…
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14 May
Northern Ireland suffers most from UK retail struggles
Northern Ireland is suffering the worst of retail’s bad weather, showing a 7.3% drop in footfall and a retail space…
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4 May
43,000 retailers in ‘financial distress’
Nearly 43,000 retailers ended the first quarter of the year in a state of ‘significant’ financial distress, according to research…
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2 May
Fall in shop prices marks fifth year of deflation
Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British…
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Apr- 2018 -30 April
Consumer confidence drops further in April
UK consumer confidence has dropped even further in the month of April, according to market research institute GFK. The institute’s…
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27 April
Retail sales expected to be ‘a little healthier’ next month
Retail sales are expected to pick up in May, according to the Distributive Trades Survey by the Confederation of British…
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26 April
Number of retail jobs falls in first quarter
The number of full time jobs in UK retail has fallen by 2.5% compared with the same time last year,…
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25 April
Increase in retailers using secondary revenue to boost profits
More retailers are making use of secondary revenue to increase sales outside of core offerings, online marketing company Webloyalty’s ‘Beyond…
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