Tag : economy
The UK avoided a recession in the third quarter after the economy grew by 0.3%, the slowest rate of growth since 2010.
Brexit uncertainties and inflation are to blame for a forecast slowdown in the UK economy, which is reportedly on track for its worst year of growth since 2009.
Interest rate ‘threat’ for struggling retailersSubscription
An increase in interest rates this year may threaten up to 400 high street retailers, it has been reported.
Pressure eases on shop pricesSubscription
Pricing pressures showed continued signs of easing in February as shop price deflation increased to 0.8% for the month, marking a fall in prices for 58 consecutive months.
BRC blasts government's Brexit retail reportSubscription
The British Retail Consortium (BRC) has hit out at a government analysis of the retail sector for failing to assess the potential impact of Brexit.
UK retailers are likely to rein in the Black Friday discounts they offer this year as they try to claw back margin in the face of tough trading.
Scotch & Soda made a loss of €5.4m (£4.7m) in its 2016/17 financial year, despite its revenue jumping by 3%.