Mini-heatwave and Euros give hospitality hope for spending bump June 24, 2024 Leading figures in retail have said the warmer weather, in addition to the Euro football championships, could give a welcome boost to the sector, after a damp June.
US retail sales grow 1.2 per cent, missing July expectations August 14, 2020 US retail sales for July undershot expectations with growth of 1.2 per cent, the US Commerce Department said today. Retail sales were predicted to grow 2.1 per cent in July. Retail sales totalled $536bn in July, according to the preliminary figures. Car sales fell 1.2 per cent, sporting goods and book sales were down five [...]
Restaurants hit by August wash out as firms pray for sunny September rebound September 5, 2023 Restaurants were hit hard by the wet weather in August suffering a 5.8 per cent monthly decline in sales, new data has revealed.
Inflation: Shop price hikes slow again in good news for Sunak and Tories May 28, 2024 Shoppers have benefited from retailers cutting prices to reignite consumer demand, according to new figures.
Investors to receive ‘temperature check’ on global economy alongside Nvidia and inflation updates May 19, 2024 Analysts at Deutsche Bank said the surveys would provide "a temperature check on growth across the key economies as perceived inflation risks subside".
FTSE 100 rise as retail sales start to bounce back June 19, 2020 The FTSE 100 solidified this week’s gains on hopes of a swift economic recovery, after figures released this morning showed retail sales beginning to bounce back. London’s blue-chip index opened 26 points higher – 0.43 per cent – to 6,250 points, as investors began to digest a fresh round of economic data. By the afternoon, [...]
UK retail sales surge close to pre-lockdown levels in June recovery July 24, 2020 UK retail sales almost recovered in June from their staggering drops during Britain’s coronavirus lockdowns, official data showed today. The volume of retail sales jumped 13.9 per cent from May to June as shops and non-essential stores opened their doors to customers once again following a lockdown that started on 23 March. Non-food store sales [...]
China faces uphill battle for recovery amid mixed economic data June 17, 2024 China faced several economic challenges in May, notably with industrial output growth falling short of expectations.
Spring Budget 2024: Hunt plans Natwest government share sale this summer as Farage says debanking row ‘far from over’ March 6, 2024 Chancellor Jeremy Hunt has outlined plans for the government to begin selling part of its stake in Natwest to the general public "at the earliest opportunity" this summer, as part of wider efforts to boost stock market investment.
UK retail industry kicks reliance on alcohol and tobacco sales July 27, 2021 Britain’s retail industry has kicked the habit of relying on alcohol and tobacco sales to generate income, according to a new study published today. The Office for National Statistics estimates that the volume of alcohol and tobacco sales has plummeted 76 per cent over the last three decades. Read more: Euro 2020 pushes retail sales [...]