Inflation

Retail sector ‘to face £186.45m business rates increase next April’

Retail firms will see business rates increase by £186.45 next April for the year 2019/20, according to real estate advisor…

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Understanding gold’s volatility

As any company reliant on a handful of large customers knows well, exposure can kill. Having a large contract pulled…

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Online retail jumps 19% in April

UK online retail sales went from strength to strength in April, up 18.8% year-on-year (YoY) according to the latest figures.…

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Retail consumer spending sees sharpest drop since 2012

Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…

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43,000 retailers in ‘financial distress’

Nearly 43,000 retailers ended the first quarter of the year in a state of ‘significant’ financial distress, according to research…

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High street store openings at lowest level in seven years

New high street store openings have fallen to their lowest level since 2010, new research suggests. A report by retail…

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Small firms hit by pension auto-enrolment scheme, claims FSB

Small firms and startups will be “hit the very hardest” by the doubling of auto-enrolment employer pension contributions, according to…

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21,000 retail jobs lost or threatened so far this year

Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers…

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Consumer spending on ‘non-essentials’ increases

According to Barclaycard February 2018 saw increased sales of non-essentials, as consumers continued to prioritise their spending on the ‘experience…

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Two Hong Kong jewellery trade shows to open next week

Two major jewellery trade shows organised by the Hong Kong Trade Development Council (HKTDC) will be opening next week. The…

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