Retail sales volumes fell last month as the cost of living crunch eats into April’s gains June 24, 2022 Retail sales volumes fell by 0.5 per cent last month, according to the latest figures, as the cost of living crisis eats away at gains made in April. While the figures suggest current inflation levels and concerns over a recession have Brits’ pinching their purse strings, sales volumes were 2.6 per cent above pre-pandemic levels, [...]
January retail sales boosted as cost of living crisis looms February 18, 2022 January retail sales volumes lifted 1.9 per cent last month while retailers prepare for consumers to limit spending as bills soar. According to the latest retail data from the Office for National Statistics (ONS), sales volumes marked the largest monthly increase since April 2021 when non-essential retailing reopened. An increase came after a four per [...]
Retail sales volume fall to 1.3 per cent lower than pre-covid levels as cost of living bites October 21, 2022 Retail sales volumes have plummeted to 1.3 per cent lower than pre-coronavirus levels as rising prices and the cost of living continues to bite. Latest figures from the Office for National Statistics show sales volume on the high street were down by 1.4 per cent in September, though data was impacted by a bank holiday [...]
Pound Sterling tumbles to 37-year low against US Dollar after poor UK retail sales figures September 16, 2022 Pound Sterling tumbled to a 37-year low against the dollar this morning, pushed further down by disappointing retail sales figures. It plummeted to by more than one per cent to 1.1351, its lowest against the dollar since 1985, while continuing its 17-month poor run against the Euro also. The Euro rose to 87.66 pence, its [...]
Strong retail sales in December despite Omicron onslaught January 11, 2022 UK retailers posted strong sales last month as shoppers splashed out on bumper Christmas celebrations despite the surge in Covid-19 cases, according to new figures. The latest BRC-KPMG retail sales monitor revealed that total sales rose 2.1% in the month to January 1 compared with the same period last year. It added that like-for-like sales [...]
Retail sales slow as consumer confidence now lower than horsemeat scandal April 12, 2022 Retail sales slowed last month as consumer confidence has taken a hit as shoppers feel the bite of rising cost inflation. According to data from the British Retail Consortium (BRC) and KPMG, sales increased by 3.1 per cent in March. This was worse than a three-month average growth of 6.9 per cent. What’s more, retail [...]
Omicron delivers ‘chilling’ blow to UK retail sales December 21, 2021 UK retail sales have slowed to a crawl driven by the emergence of Omicron chilling consumer confidence, according to new research published today. Retail sales growth slowed over the last year, rising eight per cent annually in December, down sharply from 39 per cent in November, according to the Confederation of British Industry (CBI). Brits [...]
BlackRock holds top spot for tenth time in ‘another bruising year’ for UK fund industry February 7, 2024 BlackRock came in first place for gross retail sales throughout the year, followed by Legal & General, Fidelity and HSBC AM.
FTSE 100 today: London markets to open higher amid firm global cues June 18, 2024 Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.
FTSE 100 close: London powers into the green after retail rebound, Natwest shares soar February 16, 2024 "Market sentiment is being buoyed by better-than-expected retail sales," Sophie Lund-Yates, lead equity analyst, Hargreaves Lansdown.