UK retail sales fall in November but online shopping booms, survey shows November 24, 2020 Overall UK retail sales dropped in November but online shopping boomed as the England-wide lockdown forced customers to change their habits, a new survey has shown. The CBI’s monthly retail survey showed that sales fell in November year on year at a similar pace to the drop in October. The sales gauge came in at [...]
January retail sales drop 8.2 per cent as third lockdown takes high street ‘to the edge of the abyss’ February 19, 2021 Retail sales volumes dropped by 8.2 per cent last month, compared to December, as the third national lockdown affected sales across the sector. All sectors experienced a decline in sales last month, except non-store retailers and food stores, reporting growth of 3.7 per cent and 1.4 per cent, respectively, compared to the final month of [...]
Government quietly pauses Natwest retail bidding process March 31, 2024 The Treasury has suspended a bidding process to run the sale of its stake in Natwest, in a move which throws doubt on the structure of the much touted ‘Tell Sid’-style retail deal, City A.M. can reveal.
UK retail sales grow for fourth consecutive month September 18, 2020 UK retail sales reached pre-pandemic levels last month, driven by supermarket and home improvement purchases. Retail sales were up 0.8 per cent in August compared to the previous month, which was the fourth consecutive month of growth. UK retail sales were up four per cent compared to February, before the coronavirus pandemic hit the country. [...]
Retail sales fall sharply as new restrictions dampen economic recovery October 27, 2020 Retail sales fell sharply this month as new coronavirus restrictions dampened the UK’s economic recovery, according to the latest research. In the year to October retail sales dropped to a balance of minus 23 per cent, from growth of 11 per cent last month, according to the CBI distributive trades survey. Retail sales have been [...]
UK retail sales smash expectations but analysts flag trouble ahead October 23, 2020 UK retail sales rose well beyond expectations in September, with Britons buying 1.5 per cent more goods than a month earlier as they stocked up on food and turned to online retailers. The 1.5 per cent growth was much better than economists had expected. It also beat the 0.6 per cent expansion in sales in [...]
Marks and Spencer: Good Christmas gives retailer a ‘spring in its step’ as food sales rocket to £2bn January 11, 2024 Marks and Spencer has maintained its guidance for the year after it racked in over £2bn in food sales over the Christmas period.
Topps Tiles reports record £263m sales as retailer shrugs off year of soaring inflation October 4, 2023 Topps Tiles reported a record year of sales this morning, outstripping pre-Covid figures as the group shrugged off continued inflationary pressure.
UK economy fails to behave itself at start of Rishi Sunak’s re-election bid May 24, 2024 Rishi Sunak has made an improving economy a central part of his election pitch, but in truth these were not the figures he would have wanted to see at the beginning of an election campaign.
US inflation to attract attention as traders look for hints on Fed’s rate path November 12, 2023 Tuesday's US inflation report will be the highlight of a busy week for markets that will also include a health check on the state of the US consumer.