Economy
-
Mar- 2015 -18 March
Firms to ‘overpay £221m in business rates’
More than 110,000 firms in England and Wales are likely to miss 31 March deadline for appeals over business rates, and at least £221 million in potential relief will lie unclaimed. This is according to CBRE, the commercial property and real estate services advisor, which conducted research into the “scramble to…
Read More » -
16 March
Net loss of UK stores almost triples in 2014
Nearly three times as many shops disappeared from UK high streets last year compared with 2013, according to new figures released today. The research from PwC, compiled by the Local Data Company (LDC), found that 5,839 stores closed in 2014 compared to 4,852 openings. This equates to a net reductions…
Read More » -
13 March
February footfall figures dip marginally
Footfall in February was 0.5% lower than a year ago, however it marked an improvement on the 1.2% fall in January. This is according to the British Retail Consortium (BRC)-Springboard Footfall and Vacancies Monitor which found the decline was above the three-month average of -0.8% and the best overall performance…
Read More » -
11 March
Stable footfall growth established for UK retailers
UK retail fall rose for the third consecutive month in February, the longest singular period of year-on-year growth since 2007. This is according to the Retail Traffic Index (RTI) from global retail and footfall consultant Ipsos Retail Performance, which is derived from the number of individual shoppers entering over 4,000…
Read More » -
11 March
Hallmarking figures climb in February
The total number of articles hallmarked across all four of the UK’s assay offices saw a 7.9% increase in February, compared with the same month last year. According to the data (compiled by the Birmingham Assay Office), there was a total of 55,419 more articles hallmarked in February this year…
Read More » -
10 March
Retail sales edge up in February
UK retail sales increased by 0.2% in February on a like-for-like basis compared to the same time last year. This is according to the British Retail Consortium’s BRC-KPMG Retail Sales Monitor which found on a total basis, sales were up 1.7%, against a 0.7% rise in February 2014. Adjusted for…
Read More » -
9 March
Valentine’s Day sales increase in 2015
Jewellers benefitted from a strong Valentine’s Day as sales of jewellery were up 7.3% in February compared to the same month last year, according to new figures. This is according to Barclaycard’s monthly consumer spending index which shows that, following a slight dip at the start of the year, retailer…
Read More » -
4 March
Shop prices continue to decline in February
Shop prices declined for the 22nd consecutive month in February, driven mainly by the falling prices of non-food items such as clothing and electrical goods. Figures released today by the British Retail Consortium (BRC) and research body Nielsen show that shop price deflation accelerated to 1.7% in February, after falling…
Read More » -
Feb- 2015 -27 February
Consumer confidence remains stable in February
Consumer confidence in the UK has remained stable in February as low inflations and rising wages made Britons more confident about their finances, according to new figures released today. This is according to Gfk’s latest Consumer Confidence Index, which found that consumer confidence remained at +1 during the month. The…
Read More » -
23 February
CBI: Surprise dip in retail sales growth
Retail sales growth practically ground to a halt in February, according to the CBI’s latest quarterly Distributive Trades Survey. The survey of 138 firms including 62 retailers showed that both volume of retail sales and orders failed to meet expectations of growth in February, following six months of buoyant sales.…
Read More »
