Economy

Record economic growth anticipated for Q3

The UK is reportedly on track for a record economic resurgence during the third quarter of the year, following sharp…

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June retail sales show signs of recovery

Retail sales increased by 3.4% in June, against a decrease of 1.6% in June 2019, marking the first signs of growth…

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Hallmarking down over 40% in June as Covid impact continues

The impact of the coronavirus on UK hallmarking has continued in the month of June with the total number of…

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Government to crack down on violence against shopworkers

The government has vowed to crack down on violence and abuse against shopworkers. In a statement, yesterday the Home Office…

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Usdaw urges chancellor to announce retail recovery plan

Retail trade union Usdaw is calling on the chancellor to announce in Wednesday’s (8 June) economic statement an “urgent recovery…

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Consumer confidence increases in June   

GfK’s fourth Covid-19 flash report has revealed Consumer Confidence Index increased by three points to -27 over the past two…

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PM confirms relaxation of two-metre social distancing rule

Boris Johnson has announced a reduction in the two-metre social distancing rule. In a speech in parliament this afternoon, the…

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Chancellor mulls VAT cut and could follow up with autumn tax rises

Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with…

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39% of UK SMEs believe economy will need five years to recover from Covid-19

Four in 10 (39%) small business owners believe it will take at least five years for the UK economy to…

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Government relaxes insolvency rules

The government has announced a set of changes to help improve the insolvency system to enable companies undergoing restructuring to…

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