China’s economic activity starts strong in 2024, though property market remains a challenge March 18, 2024 China's industrial output and retail sales surpassed expectations in early 2024, offering policymakers a needed lift amid a lingering property market downturn.
Retail sales drop as Brits return to venues while cost of living crunch looms March 25, 2022 Retail sales volumes fell 0.3 per cent last month as Brits made the most of Covid restrictions abating. Stormy weather also deterred shoppers from making trips to the high street, with Storm Eunice and Storm Dudley causing travel haovc across the country last month. According to the Office for National Statistics (ONS), shoppers bought less [...]
FTSE 100 today: Footsie to open lower amid political uncertainty and wavering rate cut bets May 24, 2024 Asian stocks fall on speculation of delayed Fed rate cuts; US approves Ethereum ETFs; eyes on UK retail sales, US consumer confidence.
Retail sales drop for fifth month in a row October 22, 2021 UK retail sales dropped in September for the fifth consecutive month but have bounced back from the pandemic, It marked the longest continuous stretch since records began in 1996, according to official figures. The Office for National Statistics (ONS) said retail sales volumes dropped by 0.2 per cent last month, following a 0.6 per cent [...]
February retail sales perform well but warnings for mid-level retailers as living costs spike March 4, 2022 Purchases of clothes have driven retail sales growth, thanks to the easing of Covid restrictions. Total like-for-like sales swelled 49.6 per cent in February, according to the BDO’s February High Street Sales Tracker. This was from a base of minus 3.1 per cent in February 2021, when the country was in the throes of a [...]
Scrap tourist tax before it’s too late, Fortnum & Mason boss warns November 20, 2023 The UK will lose retail sales to France if the government fails to scrap the tourist tax in the autumn statement, the boss of Fortnum & Mason has warned.
FTSE 100 today: Blue-chip poised to end two-week winning streak amid global uncertainty July 19, 2024 Asian markets drop with Wall Street; oil prices fall; Japan inflation rises; Netflix exceeds subscriber targets; UK retail sales data next.
FTSE 100 today: Blue-chip index set to break five-week losing streak June 21, 2024 Asian markets declined alongside Wall Street, while gold aimed for a second weekly gain. All eyes are on global PMI data and UK retail sales.
US retail sales smash expectations in August September 16, 2021 US retail sales smashed expectations last month, boosting confidence in the American economy’s recovery from the Covid crisis even amid a surge in cases driven by the Delta variant. Retail sales jumped 0.7 per cent in August, up sharply from 1.8 per cent in the previous month, according to fresh figures published by the US [...]
Revolution Beauty raises guidance as it ploughs ahead with growth plans March 27, 2024 Scandal-stricken Revolution Beauty has raised its profit guidance for the year, as it ploughs ahead with plans to reach £1bn in retail sales over the next six years.