Retail Data reveals trends in UK supermarket growth and declineBy Scott Dylan21 August 2024 The latest NIQ data highlights contrasting trends among UK supermarkets with significant growth for some and sales declines for others.M&S…
Retail Utility costs significantly impact inflation rise to 2.2%By Dave Antrobus14 August 2024 The Annual Consumer Prices Index (CPI) inflation rate increased to 2.2% in July 2024, surpassing the Bank of England’s 2%…
Economy UK Unemployment Rate Unexpectedly Drops as Wage Growth SlowsBy Scott Dylan13 August 2024 The UK’s unemployment rate fell to 4.2% in July, defying economists’ predictions of a rise to 4.5%. This positive change…
Business Bank of England cuts interest rates to 5% in first reduction since 2020By Scott Dylan1 August 2024 In a pivotal move aimed at alleviating the financial burden on households, the Bank of England’s Monetary Policy Committee (MPC)…
Retail Election and poor weather dampen June retail salesBy Scott Dylan19 July 2024 June retail sales experienced a decline due to multiple factors impacting consumer spending.Retail sales fell by 1.2% in June, with…
Economy Pound surges as interest rate cut expectations fadeBy Scott Dylan18 July 2024 The pound has experienced a significant surge, driven by reduced expectations for an imminent Bank of England interest rate cut.…
Retail Sportswear offsets rising prices but inflation remains flatBy Scott Dylan17 July 2024 The latest ONS data reveals a stable inflation rate despite price changes in specific sectors.Women’s sports shorts and leggings have…
Economy US Labour Market Shows Signs of Cooling with 206,000 Jobs Added in JuneBy Scott Dylan6 July 2024 The United States’ labour market added 206,000 jobs in June, a figure that aligns closely with economists’ expectations and marks…
Business Easing Inflation and Fuel Prices to Benefit Next UK GovernmentBy Scott Dylan3 July 2024 Britain’s incoming government stands to gain from a reduction in household financial pressure due to slowing shop inflation and falling…
Business Two Fifths of Britons Lack Basic Financial Literacy, Survey RevealsBy Scott Dylan1 July 2024 A recent survey has uncovered that a staggering 23 million people in Britain exhibit low levels of financial literacy. This…
