High Street spending drops at fastest rate since recession
New reports have revealed high street spending to fall at its fastest annual rate in six years, putting thousands of retail jobs at risk.
According...
Retail sales drop sharpest rate since 1995
UK retailers have suffered the sharpest drop in sales since 1995 when the survey was first launched.
The British Retail Consortium (BRC) and KPMG found...
Theresa May pledges to tackle “burning injustice” of gender pay gap
Prime Minister Theresa May has pledged to tackle the "burning injustice" of the gender pay gap.
In a piece in the Telegraph, Prime Minister May...
UK retail sales hit by ‘Beast from the East’
UK retail sales were hit by the 'Beast from the East' in March, recording the weakest monthly figures since April 2013.
Sales fell for the...
Retail sales jump in February, but quarterly figures remain disappointing
Retail sales volumes jumped 0.8 percent in February, according to the latest figures from the Office for National Statistics, almost doubling analysts' expectations.
The February...
US job growth surges in February, wage growth slows
The number of new jobs in the US surged in February, beating analysts expectations.
The US saw 313,000 jobs created last month, the strongest gain...
UK consumers’ salaries are being “swallowed” by higher food prices
The British Retail Consortium has said that consumers are spending more money on food and essential items, leaving less money for other goods.
According to...
UK supermarkets ban sales of energy drinks to under 16s
Children under the age of 16 won't be able to buy energy drinks at UK supermarkets, after many have expressed concerns over the high...
One third of UK restaurants are making a loss, new study...
A new study by the accountancy firm UHY Hacker Young has found that over a third of the UK's top restaurants are now loss-making.
The study found...
European companies setting up UK arms to continue trade post-Brexit
Hundreds of European businesses are setting up UK companies in order to mitigate the effects of Brexit, ensuring that they will continue to trade...
UK unemployment rate rises to 4.4 percent
UK unemployment rates rose for the first time in two years, up from the 42-year low of 4.3 percent.
The latest figures from the Office...
Barbecoa restaurants in talks over sale as UK restaurants continue to...
Rising costs and competition have led to an increase in UK restaurants going bust.
Last year, the number of restaurants in the UK that collapsed increased...
Hike in interest rates will hit millions of low-income households, according...
The Bank of England is planning on raising the interest rates from May, a move that will affect millions of poorer households and will...
Bank of England vote to keep rates on hold at 0.5pc
The Bank of England Monetary Policy Committee voted unanimously to keep interest rates at 0.5 percent, it was announced on Thursday.
The FTSE 100 slipped...
House prices fall for the second consecutive month, says Halifax
House prices in the UK fell for the second consecutive month, according to the latest figures from Halifax.
The UK's largest lender revealed that prices...
UK house prices jump in “surprising” monthly figures
UK house prices rose at the fastest annual pace in 10 months in January, according to the latest survey from Nationwide.
The average price of a...
Leaked government paper suggests Brexit will damage UK growth
A new government document assessing the economic impacts of Brexit has been leaked.
The document suggests Brexit will damage the UK economy, no matter which...
EU will “react swiftly” to Trump’s trade threat
Donald Trump appeared to threaten trade with the EU in Sunday's interview with Piers Morgan on ITV.
The EU responded swiftly to Trump, who said that...
UK GDP beats forecast, economists remain cautious
New data from the Office for National Statistics (ONS) has shown Britain's economy to be growing at a faster rate than expected.
The UK GDP grew by...
Online retail heading for tough 2018
UK online retail sales growth slowed to 12.1% in 2017, according to the latest figures from the IMRG Capgemini e-Retail Sales Index, with forecasts...
