Economy

ASOS set to boost UK economy by £3.8bn

Asos’ UK GDP contribution will increase by £2bn to £3.8bn in the next three to four years, with plans to…

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UK economy surpassed pre-Covid levels in November

Gross domestic product (GDP) has surpassed its pre-pandemic level for the first time as it grew by 0.9% in November…

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UK economy surges 4.8% in June

The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…

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UK economy shrinks 1.5% in Q1 despite signs of recovery

The UK economy shrank by 1.5% during the first three months of the year due to the impact of the…

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How retailers can adapt in a post-Covid-19 economy

A post-Covid-19 world may seem like a distant reality for now. While there are advances in finding a cure or…

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Retaining the value of stock in a circular economy

The equivalent to 350,000 tonnes of clothing, worth around £140 million, ends up in UK landfill each year, according to…

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UK economy shrinks by 2% as pandemic takes its toll

The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19…

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UK economy not expected to recover until 2023, study suggests

The UK’s economy is not expected to return to normal until 2023 due to the coronavirus pandemic, according to a…

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Covid-19 could cause UK economy to shrink by 35%, says OBR

The UK’s economy could shrink by as much as 35% in the second quarter of 2020 due to the Covid-19…

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Covid-19 brings UK economy to temporary standstill, says KPMG

The impact of the Covid-19 virus is expected to see the UK economy contract by 2.6% in 2020, according to…

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