
Brexit pressures and political uncertainty have prompted the Confederation of British Industry and a manufacturing trade body, Make UK, to downgrade their growth forecasts for next year.
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Brexit pressures and political uncertainty have prompted the Confederation of British Industry and a manufacturing trade body, Make UK, to downgrade their growth forecasts for next year.
When a report headline says “Retail sales cease their decline in November”, it might not seem like the most exciting news in the world. But in volatile times such as these, it came as a relief to the UK retail sector.
British shoppers grew more cautious about their spending in the three months to September despite rising wages, official figures showed on Thursday, raising concerns about the economy in the run-up to Brexit.
Britain’s economy is increasingly showing signs of strain as the Brexit crisis and the global slowdown intensify, raising questions about consumer spending.
British retail sales unexpectedly fell on the month in August after shoppers bought less online than the month before when major sales promotions encouraged them to splash out, official figures showed on Thursday.
British retail sales plunged in August at the fastest pace since December 2008, according to a survey that will raise further questions about the economy's strength ahead of Brexit in October.
UK retail sales volumes grew for the first time since November 2018 in the year to April, according to the latest monthly CBI survey, but fashion was weak
British retail sales fell by their most in 17 months in March, reflecting concern among consumers about Britain's unresolved Brexit impasse, a leading employers group said on Wednesday.
Business groups have signalled that they’re losing patience with UK politicians as MPs reject the negotiated Brexit deal and rule out a no-deal exit altogether, but the government insists no-deal is still an option.
Online retailer Amazon will create more than 1,000 apprenticeship roles in Britain over the next two years, indicating the country's imminent departure from the European Union is not deterring it from investing.