Browsing: consumer spending

September experienced significant price reductions by UK retailers, driven by unusually wet weather, resulting in slower consumer spending.This downward pressure…

Gross domestic product (GDP) is now predicted to rise by 1% in 2023, up from the previous estimate of 0.5%,…

Retail sales in the United Kingdom have reached a two-year high in August, driven by a surge in consumer spending…

UK high streets urgently require strategic support to ensure their survival and growth.Recent findings from the Federation of Small Businesses…

The British summer has ushered in a revival of consumer spending.A renewed interest in retail categories is evident as many…

In the face of ongoing economic challenges, Brits are increasingly turning to small luxuries, often referred to as the ‘sweet…

According to the latest data from the British Retail Consortium (BRC) and NielsenIQ, prices in August fell by 0.3% compared…

UK company insolvencies have swollen beyond financial crisis levels, with figures revealing 25,551 businesses folding over the past year. Sharp…

This July, the United Kingdom experienced a modest rise in retail sales, driven by an upturn in summer clothing and…

Next, the well-known clothing retailer, has unexpectedly reported stronger sales than anticipated. Between April and June, despite initially bracing for…