Unexpected Economy Contraction in May
In a surprising turn of events, the UK's monthly GDP dropped by 0.1% in May 2025, following a previous...
economy
Dollar General Reports Higher Q1 Gross Margin Amid Improved Store Standards and Expansion Plans
Dollar General's Q1 gross margin increased by 78 basis points to 31% due to lower shrink and higher inventory...
M&S MD Welcomes EU-UK Summit Deal: Potential Boost for Consumers and Economy
Marks and Spencer's managing director celebrates the EU-UK summit announcement, set for May 19th. The deal allows the EU...
Wayfair Faces Shrinking Customer Base but Remains Optimistic Amidst Tariff Pressures
Wayfair, an online retailer facing a shrinking customer base, claims to have outperformed its peers and gained market share....
Reviving Oxford Street: Khan’s Plan for Pedestrianisation
London Mayor Sadiq Khan has initiated a public consultation to gather opinions on his plans to pedestrianize Oxford Street,...
UK Consumer Confidence Hits Record Low Amid Economic Downturn
UK consumer confidence hits an all-time low in February as the economy continues to deteriorate, according to the BRC-Opinium...
BRC Warns of Upcoming Spending Squeeze and Falling Public Confidence in Economy
In a recent survey by the British Retail Consumer, spending intentions dropped 6 points, indicating a potential January spending...
Weak Consumer Confidence and Retail Challenges Before Christmas
In the run-up to Christmas, consumer confidence remains weak, according to the British Retail Consortium (BRC)-Opinium Consumer Sentiment Monitor....
UK General Election Set for July 4 Amid Inflation Drop
Prime Minister Rishi Sunak announces a general election on July 4th, with parliament dissolving next week. Labour leads by...
Consumer Confidence Improves in April
Lead: Good news for the economy as consumer confidence sees a slight uptick after three months of decline. Who:...