Deliveroo: Earnings shoot up ahead of Doordash acquisition August 7, 2025 Deliveroo has announced a boost to its earnings driven by a ‘more resilient than expected’ consumer, although profit has taken a hit ahead of its acquisition by American delivery giant Doordash. Revenue rose nine per cent in the six months ended June 30, with orders up eight per cent, Deliveroo told markets this morning. Order [...]
UK retail sales bounce back as Brits enjoyed warmest June on record July 25, 2025 Sales for UK retailers rose last month as Britons enjoyed the warmest June on record, which helped drive sales of food and drink, according to official figures. The Office for National Statistics (ONS) said overall retail sales volume rose by 0.9 per cent in June, following a 2.8 per cent fall in May, as consumers [...]
Planning permissions for home improvements falls to lowest level in a decade July 21, 2025 Planning permissions for home renovations has plummeted as the low consumer confidence permeates the construction industry. Consents for developments in England totalled 151,177 in the 12 months to March, 27 per cent below the 10-year average, according to data from Savills. This is despite a 24 per cent uplift in housing transactions as buyers rushed [...]
Consumer confidence rising as summer holiday season begins July 7, 2025 The majority of UK households are feeling financially secure, with 70 per cent of people confident enough to plan a summer holiday, according to a survey. The number of people feeling financially secure has risen this quarter by three percentage points to 58 per cent, while confidence that the UK economy is improving has risen [...]
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 [...]
Retail footfall dips in May despite higher consumer confidence June 13, 2025 Retail footfall dropped in May amid a wider slowdown in consumer spending despite higher consumer confidence, according to new data. Total UK footfall fell by 1.7 per cent in May year on year, down from a 7.2 per cent rise in April, according to new figures from the British Retail Consortium (BRC). Footfall at shopping centres and on [...]
Spending in pubs surges as Brits flock to beer gardens May 28, 2025 Pubs enjoyed a boost in April during the sunny spring weather as Brits opted for outdoor beer gardens over indoor restaurants. Like-for-like sales growth at pubs reached 9.1 per cent year on year, according to the latest CGA RSM Hospitality Business Tracker. Sales across all hospitality outlets were 4.2 per cent ahead of April 2024 [...]
Consumer confidence improves in early sign that ‘the worst has passed’ May 23, 2025 Three major measures of consumer confidence all found an improvement in Brits’ economic sentiment in May, promoted by easing trade tensions and a cut in interest rates. GfK’s long-running Consumer Confidence Index increased by three points to -20 in May after dropping in ‘Awful April’ on inflation fears. “The measure for personal finances looking ahead [...]
Wetherspoon, Marston’s and Young’s manage to fend off UK pubs crisis – for now May 13, 2025 Some of the UK’s biggest pub chains – JD Wetherspoon, Marston’s and Young’s – have all proved surprisingly resilient in avoiding the hospitality crisis predicted last Autumn. The London-listed companies have all reported better-than-expected trading over the last year, despite very low business and consumer confidence. In an update to markets this morning, Marston’s reported [...]
UK retail sales surge at the fastest rate in four years April 25, 2025 Retail sales unexpectedly rose in March as shoppers were boosted by good weather, according to new data. Retail sales volumes rose by 0.4 per cent in March 2025, following 0.7 per cent rise in February, according to the Office for National Statistics. Quarterly sales volumes rose by 1.6 per cent quarter on quarter and 1.7 [...]