Economy
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May- 2022 -10 May
Cost of living crisis begins to hamper consumer spending
Spending on essential items dropped to 18.1% in April, compared to 17.4% in March, as inflation and rising living costs…
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6 May
Footfall drops again in April
Footfall in UK retail destinations dipped once again in April 2022, falling to -15.9%, down from a decline of -15.3%…
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Apr- 2022 -11 April
UK GDP slows to 0.1% in February
Gross domestic product (GDP) slowed in the UK as the economy only saw 0.1% growth in February, down from a…
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5 April
Retail footfall drops 22.9% across UK
Footfall fell by 22.9% compared to 2019 in the non-food sector across the UK, although footfall is up 9.9% compared…
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Mar- 2022 -31 March
High street footfall continues to lag behind pre-pandemic levels
Footfall levels remain 23% below pre-pandemic levels in February 2022 as rising costs are reportedly set to “batter” retailers from…
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29 March
Footfall rises by 7.8% as weather improves
The second anniversary of the start of the first lockdown in 2020 delivered positive results, with a rise in footfall…
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23 March
De Beers unveils ‘advanced’ diamond recovery vessel
The world’s most advanced diamond recovery vessel, the Benguela Gem, has today been officially unveiled in Namibia at an inauguration…
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23 March
Spring Statement: Chancellor raises NI threshold to £12,570
The chancellor has outlined a series of measures to help combat the rising cost of living in his latest spring…
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10 March
Brazilian exports of metals, precious stones and jewellery soars by 119%
The total volume of Brazilian metals, precious stones, and jewellery exports to the UK in 2021 soared by 119%, rising…
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Feb- 2022 -21 February
Bira welcomes sales rise, but warns ‘all is not well’
The British Independent Retailers Association (Bira) has said it is “pleased to see a rise in retail sales”, but warned…
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