All Consumer confidence articles – Page 2
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NewsCost of living pressures are Brits’ top Budget priority
Polling commissioned by the BRC found that nearly nine out of 10 UK adults want the government to prioritise reducing the cost of living, while four in five believe action is needed on youth unemployment.
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NewsRetailers warn warehouse tax could push up cost of weekly shop
Supermarkets have warned prime minister Andy Burnham that he risks worsening the cost-of-living crisis if he launches a tax raid on warehouses.
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Chart of the WeekTrust in grocers is at its lowest level in two years
The sector has struggled with public opinion ever since the inflation crisis. Does it matter?
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AnalysisThe last four governments have tried to fix the high street. What can Burnham learn from their failures?
Andy Burnham announced a new taskforce in early September, promising to finally fix Britain’s high streets. Four governments have promised similar plans and commissioned their own reviews since 2011. Every one of them is still sitting on a shelf in Whitehall.
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NewsSales of sports items, aircon and fans gave UK retail a boost in August
Defying economic gloom, the sale of sportswear and equipment, air conditioning units and fans during the long hot summer gave UK retail a boost in August.
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NewsBadenoch vows to lower retail costs and restore tax-free shopping
Conservative Party leader Kemi Badenoch has told Retail Week she would lower costs for retailers to support job creation if she were to win the next election, but ruled out widespread business rates reform. Separately, she has pledged to bring back tax-free shopping for overseas visitors.
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AnalysisWHSmith share price crash highlights scale of turnaround job facing Leo Quinn
WHSmith share price plummeted to a 17-year low this morning (September 16) as rising costs and travel disruption hit profits.
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NewsWaitrose extends own-brand price-cut drive with £20m investment
Waitrose has today (September 16) announced a new £20m investment in lowering prices on hundreds of own-brand products.
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NewsBRC calls on government to raise NIC threshold to tackle NEETs crisis
The BRC has called on the government to raise the UK National Insurance Contribution (NIC) threshold to help retail tackle the growing youth unemployment crisis.
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NewsBack-to-school spending falls as cost-conscious parents look for value
Shoppers made 18 million fewer trips to the grocers in September compared to the July peak, while back-to-school spending fell as parents looked for value for money.
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NewsWickes sales and profits rise as trade business achieves record sign ups
Wickes boss David Wood hailed “another period of strong volume-led performance”, as Wickes sales and profits for the half rose driven by record signs up for the retailer’s trade business.
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Retail VoiceNavigating retail’s challenges: Costs, crime and changing consumer trends
Rising employment costs, fragile consumer confidence and retail crime are weighing heavily on the sector, but there are still opportunities for growth and innovation. Business insurer NFU Mutual examines the key challenges and opportunities shaping retail’s future.
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NewsCurrys enjoys ‘strong start to the year’ with market share gains across UK and Nordics
Currys has enjoyed a strong start to the financial year, reporting sales growth and market share gains across the UK and Ireland and the Nordics.
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NewsTHG boss hails ‘strong first half’ as profits and revenues come in ahead of guidance
THG chief executive Matthew Moulding has hailed the retailer’s first half, after reporting that both adjusted EBITDA and group revenues came in above guidance
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NewsRetail sales cool as blazing hot summer ends
UK consumer demand cooled in August, as a summer marked by relentless heatwaves drew to an end.
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NewsBRC calls for retail ‘Budget boost’ after sluggish August footfall
The British Retail Consortium has called on the government to give retail a “Budget boost” after the secured endured a sluggish August.
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NewsConsumer confidence hits highest level in two years in August
The latest consumer confidence survey from GfK shows that consumer sentiment continued to improve in August, hitting the highest levels seen in two years.
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NewsSummer feel-good factor continues as consumer confidence improves
The UK public is increasingly likely to think the economy will improve, according to the latest Opinium-BRC survey, with the retail body saying the Burnham administration was enjoying a “honeymoon boost”.
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NewsGrocery inflation slips to lowest rate since October 2024
The rate of inflation has slowed to 2.1%, the lowest since October 2024, as price rises continued to ease and groceries bought on promotion rose to their highest, according to the latest data by Worldpanel.
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Opinion‘If Burnham wants to bring down the cost of living, bring down the cost of doing business’
A raft of announcements from the new PM on issues that matter to consumers and retailers could give the industry grounds for optimism, writes George MacDonald