Economy

BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…

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Footfall drops 3.1% in last fortnight

Footfall over the last two weeks ended 8 December has averaged -3.1% below the same weeks last year according to…

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Footfall declines 1.1% in October

Footfall in the UK fell 1.1% in October compared with the previous year, according to data from the BRC. Alongside…

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Retail footfall shows resilience despite riots

Footfall in the UK rose marginally by 0.9% from July to August in all UK retail destinations according to data…

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Inflation rises to 2.2% due to energy prices

Inflation increased for the first time this year in July, as energy prices fell less than they did a year…

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Cold weather chills consumer spending in June

UK Total retail sales decreased by 0.2% year on year in June, against an increase of 4.9% in June 2023,…

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BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank of England has announced. The bank’s MPC…

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Shop Price annual inflation falls to 0.8% in April

Shop Price annual inflation eased to 0.8% in April, down from 1.3% in March, as it starts to show “signs…

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Bumper Easter week to boost footfall by +6.6%

Footfall is forecast to rise by +6.6% across all UK retail destinations over the week of Easter, according to MRI…

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Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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