In November, UK consumer confidence saw a notable increase, suggesting a more positive outlook as Black Friday approaches.Data from GfK indicated household confidence rising three points…
Browsing: inflation
Nish Kankiwala, CEO of John Lewis Partnership, criticized recent government budget measures affecting businesses.The decision to increase employers’ national insurance is expected to impose significant costs…
UK SMEs are projected to experience substantial revenue shortfalls averaging £138,000 by 2025.A significant portion of business leaders, constituting nearly 24%, are pessimistic about future business…
Inflation in October saw a significant rise, impacting various sectors.The Consumer Prices Index (CPI) climbed from 1.7% to 2.3% due to energy price hikes.The inflation rate…
Retail leaders are optimistic about Christmas spending in 2024.Inflation has eased, boosting shopper confidence and spending intentions.Sales predictions expect a 4% increase, despite economic challenges.Fashion, beauty,…
Recent data highlights Asda’s performance lagging behind other supermarkets as UK grocery sales experience a slowdown before the festive season.For the four weeks ending November 2,…
UK’s labor market faces challenges as unemployment rises and wage growth slows, affecting economic forecasts.Wage growth excluding bonuses has decreased slightly, with employment figures showing a…
The UK’s labor market shows signs of strain as unemployment rises to 4.3%, accompanied by a slowdown in wage growth.Wage growth, excluding bonuses, exceeds analyst expectations…
Global food prices have surged to an 18-month high, signaling potential increases at the checkout for UK consumers.The UN Food and Agriculture Organization’s index hit 127.4…
UK employees are projected to see their wages rise faster than inflation for the first time since the pandemic, a new report reveals.The 3R Strategy’s Global…