As the year comes to a close, 2025 presents both challenges and opportunities for the retail sector amidst rising inflation and new fiscal policies.M&S remains a…
Browsing: retail sector
Despite a slight increase in food inflation, pork, lamb, and beef prices have decreased.The Office for National Statistics reports a 0.1% rise in food inflation to…
The UK retail sector has witnessed a major reduction in jobs over the past five years, a trend underscored by recent ONS data.The employment figures reveal…
The retail sector is evolving, and understanding salary trends is crucial for employers.Career development tops the list of benefits cited in job ads, says a recent…
Labour’s recent budget proposal has stirred mixed reactions among retail leaders.Increased employer National Insurance contributions cause business leaders to express concern.Labour-supporting retailers express frustration over the…
The recent announcement on National Insurance by Chancellor Rachel Reeves is stirring significant concern among businesses.Chancellor Rachel Reeves has acknowledged the difficulty businesses will face due…
Recent budget changes could halt the decrease in shop prices, warns BRC. Retailers are likely to face increased costs.Shop prices showed a drop of 0.6% in…
Shop price deflation eased to 0.6% in November, slightly rising from October’s 0.8%, as reported by new data.The BRC-NielsenIQ Shop Price Index shows a small decline…
The recent Autumn Budget has sparked significant concern within the UK business sector, notably voiced by Rain Newton-Smith, CEO of the CBI.Margins are expected to be…
HMV has put a stop to its planned new store openings in the UK due to increased national insurance costs.The music chain’s owner, Doug Putman, cited…