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      Retail sales ‘sluggish’ as shoppers feel cautious ahead of Budget

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By: Amber Murray

Retail Reporter Amber Murray is a reporter at City A.M., covering retail, luxury and property stores. Prior to City A.M., she worked as a sub-editor for Fastmarkets and completed a Masters in Financial Journalism at City University. Please get in touch with stories/tips/coffees at amber.murray@cityam.com

All 1422 Articles
  • Good news for London’s property market as US investment rebounds

    May 1, 2024

    Significant deals have included MCR Hotels' £275mn purchase of the BT Tower in central London and Elliott Management and Oval Real Estate's £300mn acquisition in the West End. 

  • Government brings in new scheme to encourage councils to build more homes 

    May 1, 2024

    The new scheme will make it “cheaper and easier for councils to transform communities by building new homes,” according to the Government. 

  • Wickes announces fall in overall sales, guidance unchanged

    May 1, 2024

    Retail sales rose by 0.6 per cent in the period, making it a year of positive retail sales growth for Wickes. The group said retail sales were driven by increased transactions rather than inflationary prices. 

  • Mulberry continues to suffer on weak luxury demand

    May 1, 2024

    Consumers have continued to spend on makeup and beauty goods but have reduced their spend on some luxury items like handbags.

  • Growing demand for hip and knee replacements help Smith and Nephew to growth

    May 1, 2024

    Orthopaedic sales grew by 4.4 per cent over the quarter, thanks to "growth in hip and knee implants outside the US."

  • MPs call for AI Act to protect music industry

    May 1, 2024

    The APPG's report makes eight recommendations to the Government, including the implementation of a UK AI Act, the labelling of AI-generated copy, and a personality right to protect artists from deepfakes.

  • London’s most expensive flat goes on sale for £175m

    April 30, 2024

    Previous buyers in the building have included Kylie Minogue, Tom Cruise and Ukraine’s richest man, Rinat Akhmetov.

  • ‘Boomerang’ Londoners return to a city ‘on the brink of reinvention’

    April 30, 2024

    London's culture is drawing residents who left the city during the pandemic back to the capital.

  • Glencore expects strong year from trading arm but reports lower copper output

    April 30, 2024

    lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.

  • Challenging macro backdrop weighs on kitchen giant Howden’s first quarter numbers

    April 30, 2024

    "We have made an encouraging start to the year with trading in line with our expectations. We are also continuing to make good progress in implementing our strategic initiatives which drive profitable growth,” Howdens Chief Executive Andrew Livingston said.

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