UK Economy Stalls in April Amid Wet Weather and Inflation Concerns
In April, the UK economy stalled due to wet weather dampening consumer spending, with no growth in monthly real...
consumer spending
Wet Weather Causes 2.3% Retail Sales Slump in April
In a recent report by the Office for National Statistics (ONS), retail sales fell 2.3% in volume over April...
Q1 Retail Sales Exceed Expectations and Beat Inflation
Lead: Retail sales in March exceeded expectations, showcasing a robust 5.3% year-over-year increase, beating inflation and reflecting genuine consumer...
Decathlon Reports Robust Performance and Sales Growth
Lead: Decathlon celebrates a successful year in 2023, with a rise in sales and a focus on building a...
Next Reports Record High Profits of £918m
Lead: Next's profit before tax has surged by 5% to £918m, driven by a focus on enhancing product ranges,...
Rising Credit Card Debt Threatens Retail Sales in 2024
**Lead:** Consumer spending faces a potential slowdown as credit card debt skyrockets, signaling financial stress for many households. **Who:**...
Hammerson Reports 6% Increase in Rental Income and Positive Leasing Performance
Lead: Hammerson's like-for-like gross rental income surged by 6% after a stellar year of leasing, resulting in an 11%...
UK Retail Footfall Declines in February Despite Half-Term Boost
UK retail footfall declined by 2.2% during February, marking the second consecutive month of decreases, primarily due to a...
UK Consumer Confidence Falls, but Outlook Remains Sturdy
Lead: Consumer confidence takes a hit in February as the latest GfK Consumer Confidence Barometer reveals a two-point drop...
UK Consumer Confidence Falls, but Outlook Remains Positive
Lead: Consumer confidence takes a hit in February as the latest GfK Consumer Confidence Barometer reveals a two-point drop...