UK retailers suffered sales drop in April, BRC report shows

British Retail Consortium’s three-month average, which irons out distorting effect of Easter, shows growth slowed to 2.6% Retailers suffered a 2.2% drop in sales last month compared with a year ago, thanks to the timing of Easter and wintry weather, according to industry figures. The British Retail Consortium’s three-month total growth average, which irons out […]


Continue reading…

 

Retail sales stall raises fears of triple-dip recession

BRC reports weakest sales growth in 11 months as shoppers shy away from spending on big-ticket and luxury items Hopes the economy is on the road to recovery have been dampened by figures showing retail sales stalled last month and growth in Britain’s services sector almost ground to a standstill. Britons shied away from spending […]


Continue reading…

 

UK sustainable palm oil targets are too weak, say retailers

Retail bodies say they have already signed up to much stricter standards on sustainable palm oil than the government’s pledge Retail bodies and charities have criticised the government for setting “weak” targets on the use of sustainable palm oil. The Department for Environment, Food and Rural Affairs (Defra) yesterday asked retailers, manufacturers and charities to […]


Continue reading…

 

Retail sales climb 1.5% in September

Consumers are cautiously returning to shops as squeeze on disposable income eases, says British Retail Consortium UK consumers are getting used to tougher times and have started shopping again, albeit cautiously. In a week where the chancellor warned that austerity could continue until 2018, data shows Britons are adapting to the grim economic climate and […]


Continue reading…

 

UK retailers fail to see boost from Olympic feelgood factor

British Retail Consortium data shows August was weakest month for sales growth this year Retailers hoping that the feelgood factor from the London 2012 Olympics would translate into a boost for sales have been left disappointed after data from the British Retail Consortium showed that August was the weakest month for sales growth so far […]


Continue reading…

 

Sunny weather gives UK retailers a boost in May

Shoppers celebrated the arrival of summer by spending more on food and drink, summer clothes, lawnmowers and garden furniture Sunnier weather in May prompted shoppers to splurge on ice cream, barbecue food and shorts, setting retailers’ tills ringing. But despite a bounceback in retail sales last month, consumers remain cautious about spending on bigger items, […]


Continue reading…

 

Rise in household food bills sticks at 4.3%

Consumer price index fell to 3% in April as high street discounting took pressure off households Food price inflation stabilised last month as rising fuel and property bills were offset by a decline in the cost of raw materials. The price of food in May was up 4.3% on 2011 levels – the same rate […]


Continue reading…

 

Food price rises starting to slow

Supermarket offers and easing world prices for commodities such as wheat and sugar bringing down food cost There was some good(ish) news for hard-pressed consumers on Tuesday as figures pointed to a slowdown in the march of food prices. Higher food and fuel prices are making us all feel poorer, and the British Retail Consortium’s […]


Continue reading…

 

UK consumer spending rises for second month running

February’s 0.2% uptick allays fears of Britain slipping back into recession UK consumer spending edged up for the second month running in February, according to new figures fanning hopes that the economy enjoyed a modest bounce at the start of the year. Helping to allay fears that the UK had slipped back into recession, payment […]


Continue reading…