First-time buyer demand for furniture and the ‘lipstick effect’ boost June sales July 15, 2025 Demand for furniture and beauty goods caused retail sales to rise in June, boosted by good weather and slowly-recovering consumer confidence. Sales in the UK rose 3.1 per cent year on year in June, against a decline of 0.2 per cent in June 2024, according to data from the British Retail Consortium (BRC). “Retailers will [...]
Wimbledon, Euros and Test cricket set to boost pubs and supermarkets July 12, 2025 Pubs and supermarkets are bracing for a bumper weekend thanks to the heatwave and a deluge of live sport on TV including Wimbledon finals, Test cricket and the Lionesses. A British and Irish Lions tour match, England and Wales rugby internationals, other Women’s Euros fixtures, Tour de France cycling and a trilogy fight between Katie [...]
A year of hard Labour: UK plc’s verdict on Starmer and Reeves July 3, 2025 Just a year ago, Keir Starmer’s Labour party won an historic general election victory having promised to be “the most pro-business government this country has seen’. Ali Lyon sees whether industry and business leaders feel the party has met that vow 12 months on. As some of the great and good of Britain’s storied business [...]
Industry chiefs sound alarm over ‘horrific’ packaging tax June 30, 2025 A new packaging tax that makes the producers of waste pay for their packaging to be recycled poses a multibillion-pound threat to UK businesses and will encourage firms to relocate their production abroad, senior industry figures have warned. The Department for the Environment, Food and Rural Affairs (Defra) released on Friday the final fees for [...]
Young Brits drive consumer confidence up while high-income households cut back June 19, 2025 A confidence boost amongst Gen Z Brits drove an improvement in consumer confidence in June while wealthier households held back, according to new data. Overall confidence about the state of the UK’s economy improved to -38 in June, up from -36 in May, according to the British Retail Consortium (BRC). Brits’ confidence about their personal [...]
One in ten retail jobs at risk in the next three years June 6, 2025 Cost pressures in UK retail mean one in ten jobs are at risk of disappearing by 2028, according to a new report. The number of jobs in retail has already dropped by over 350,000 since 2015, a fall nearly ten times bigger than the total number of jobs in the steel industry, the British Retail [...]
Hard to swallow: food inflation rises for fourth month in a row May 27, 2025 Food inflation rose for a fourth consecutive month in May, with the British Retail Consortium (BRC) warning a new packaging tax and the government’s workers’ rights overhaul will fuel further price rises in the coming months. The cost of food rose by an average of 2.8 per cent year on year in May, up from [...]
Employment Rights: ministers refuse to listen – and we’ll all pay the price April 29, 2025 Entrepreneurs know better than anyone just what it takes to get an idea off the ground, and to keep it alive. The common phrases associated with starting and growing a business are clichéd; the sleepless nights, the stress, the worry over payroll and the often crushing sense of responsibility – to family, employees and investors. [...]
Employment Rights Bill will ‘cut retail staff numbers’ April 29, 2025 Labour’s Employment Rights Bill will lead to job cuts and price hikes, a poll of 31 major retailers has found, in the latest sign the government’s legislative agenda risks harming economic growth. The legislation, which is nearing its final stages in Parliament, introduces sweeping changes to zero-hours contracts, sick pay, leave, flexible working and dismissal, [...]
Retail sales rise in March but tariff turmoil signals trouble ahead April 15, 2025 Retail sales rose in March despite low consumer confidence, according to new data, but tariff uncertainty is likely to dampen the recovery. Total retail sales increased by 1.1 per cent year on year in March, with 1.6 per cent growth in food sales and 0.6 per cent growth in non-food sales. While this was below [...]