Food inflation rises amid global harvest challenges
Food inflation in the UK is on the rise, influenced by challenging harvest conditions across important farming regions.The British Retail Consortium reports a climb in fresh food inflation to 1.5%…
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British Retail Consortium
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Consumer Confidence Falters as Autumn Budget Looms
The British Retail Consortium's latest survey has alarmingly shown a decline in consumer confidence as the Autumn Budget approaches.Initial findings reveal concerns over personal finances, with sentiment towards the economy…
Retail Sales Flourish with Warmer Weather in August
In August, retail sales saw a significant boost thanks to unseasonably warm weather in the UK. Clothing and footwear stores emerged as the primary beneficiaries, with an observable increase in…
British Retail Consortium Advocates for Fair Business Rates
The British Retail Consortium (BRC) underscores the urgent need for reform in retail taxation ahead of the forthcoming budget.A proposed '20% Retail Rates Corrector' seeks to remedy what the BRC…
Retail Sector’s Tax Burden Presents a ‘Golden Opportunity’ for Reform
Recent analysis indicates that the retail sector is facing a disproportionately heavy tax burden. The British Retail Consortium's findings shed light on the comparative tax disparities affecting retailers.Fuelled by significant…
Retail Sector Faces Critical Tax Challenge A Call for Reform
The recent revelations by the British Retail Consortium have brought to light the uneven tax burden shouldered by the retail sector. This disproportionate levy poses a threat to both business…
Back-to-School Sales Decline in the UK
Recent data reveals a decline in non-food sales during the back-to-school period. Families are increasingly turning to second-hand purchases to manage costs.The British Retail Consortium (BRC) and KPMG International reported…
Shopper Numbers Resilient but Boost Needed for UK’s High Streets
Despite the early-month riots in August, UK shopper numbers showed resilience, with minimal declines reported.According to British Retail Consortium figures, while there was a slight dip in footfall by 0.4%…
Escalating Shoplifting Rates in Scotland A Growing Concern
Retailers across Scotland are grappling with a significant surge in shoplifting incidents, as newly released figures indicate a troubling 34% increase in theft cases. The alarming statistics highlight a growing…
Retail Prices Drop for the First Time in Three Years Due to Heavy Discounting
The latest data reveals a surprising trend: retail prices in the UK have declined for the first time in nearly three years. This drop has been driven by significant discounting,…
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