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The Latest Breaking News from Helen Dickinson

Lower shop prices boost prospect of Bank of England rate cut

British Retail Consortium says prices falling at fastest rate in three years and are 0.8% lower than a year ago

The Guardian - UK

Oasis ticket sales push UK non-essential spending to highest level this year

Retail sales show strongest growth in six months as shoppers buy clothes and computers for new academic year

The Guardian - UK

UK shop prices fall year on year for first time since cost of living crisis began

Prices down 0.3% in first week of August as food inflation eases and retailers attempt to shift unsold summer stock

The Guardian - UK

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Businesses Struggle To Deal With 4.8% Drop In Footfall Amid Fascist Riots In UK

A series of riots targeting people of colour have broken out. Shops have been set on fire and small businesses are being forced to close.

International Business Times UK

UK retailers call for business rates and planning reform after fall in shoppers

Visits to high streets, shopping centres and retail parks fell by 3.6% in May, continuing downward trend

The Guardian - UK

Inflation in UK shops falls amid price cuts on furniture and TVs

Biggest drop since November 2021 as ‘unseasonable’ weather pushes retailers to continue promotions

The Guardian - UK

Wet weather woes cause damp start to spring for retailers and restaurants

Consumer caution over high interest rates and energy bills adds to bleak start to the year for sector

The Guardian - UK

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Inflation in UK shops slows amid price cuts on clothes and shoes

Prices in non-food stores are lower in April than a year earlier as stores offload summer stock

The Guardian - UK

Brexit: Food prices will be pushed up with new border checks in weeks on EU imports, warns retail chief

Brexit border checks on imports from the European Union will push up food prices in Britain, says a retail chief.

Evening Standard

Inflation in UK shops drops to lowest level in two years

Retailers cut the price of Easter treats, clothing and electrical items as consumer spending slowed

The Guardian - UK

February dip sends UK food price inflation to nearly two-year low

Shoppers helped by falling energy costs and supermarket competition as meat, fish and fruit prices drop

The Guardian - UK

Retail Businesses Urge Government To Tackle Increasing 50% Theft And Abuse Cases

Retail employees have called on the government to implement tougher measures against attackers after theft and abuse incidents have increased by 50 per cent.

International Business Times UK

Violence and abuse against UK retail staff rises to 1,300 incidents a day

British Retail Consortium says criminals ‘being given a free pass’, with thefts more than doubling to 16.7m incidents last year

The Guardian - UK

London shops deploy facial recognition in theft epidemic - The Standard podcast

Plus, the capital’s violent Rolex robbery gangs

Evening Standard

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International Business Times UK

UK Retail Landscape Faces Challenges as December 2023 Sales Slow Down

The total UK retail sales for the month showed a growth of 1.7 per cent, marking a substantial decline from the 6.9 per cent recorded in December 2022.

International Business Times UK

UK Grocery Inflation Stays At 4.3% Despite Decline in Food Prices

The introduction of new border checks on EU goods in April entering the UK could lead to further spikes in UK grocery inflation.

The Guardian - UK

UK shop inflation sticks at 4.3% despite lower food price rises

Retailers warn post-Brexit checks on fresh food due from April could further drive up shopping costs

The Independent UK

Brexit red tape risks extending inflation crisis, retailers warn

‘Hidden costs’ of complying with new rules threaten falling prices in 2024, say business chiefs

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news in one place.

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The Independent UK

Shop price inflation eases for sixth consecutive month

Shop prices were 4.3% higher than last November, according to the British Retail Consortium (BRC)-NielsenIQ Shop Price Index.

The Independent UK

Pubs ‘raise glass’ to Chancellor’s small firms boost

Retailers and hospitality groups warn big firms in the sectors will be hit by rising rates.

The Guardian - UK

UK recession fears grow as shoppers cut spending ‘to save for Christmas’

Drop in retail sales also because of consumer worries over high energy bills and mortgages, surveys suggest

The Independent UK

UK shop price inflation at lowest in a year as government advised not to burden businesses

Prices were 5.2 per cent higher in October than a year earlier, data shows

The Independent UK

Shop price inflation eases for fifth consecutive month

Prices were 5.2% higher in October than a year earlier, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.

The Guardian - UK

London Underground strikes this week called off; pound hits six-month low against dollar – as it happened

RMT says planned strike action by over 3,000 members at London tube stations on Wednesday 4th and Friday 6th October will not go ahead.

The Independent UK

Government ‘should make specific law to protect shop workers’

A survey found that incidents of violence and abuse nearly doubled in 2021-22 compared with before the pandemic.

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