News

Retail sector sees sixth month of growth

June 26, 2014

Retail sales saw an increase for sixth month running in May, according to new data from the CBI’s quarterly distributive trades. While the figures were lower than last month due to Easter spending in April, experts say the overall sales figures are still positive and represent healthy economy growth. Overall, 38 per cent of retailers… Read more

Consumer confidence at UK record high

June 8, 2014

Consumer confidence is at an all-time high in the UK, according to recent data from the European Commission’s Economic Sentiment Index released on May 28th. The report found that confidence is rising most rapidly among young people and workers in full-time employment – although even for those who are self-employed or working part-time, confidence is… Read more

Retail sales on the rise

May 30, 2014

Retails sales have seen a boost according to the Office for National Statistics, who reposted that retail sales volumes were 0.1% higher in March than they were in February of this year. The figures also showed that there was a particular rise in sales of clothing and footwear. This beats sales forecasts, which expected a… Read more

New retail jobs on the increase after a boost in confidence

May 14, 2014

The first quarter of 2014 has seen a boost in retail jobs, with the number of full-time equivalent jobs rising by 1.8% in the first quarter of 2014, compared with the same period last year. In figures released by the British Retail Consortium and Bond Dickinson, it showed that the rise in new jobs were… Read more

Sales on boohoo.com up by 62 percent

April 30, 2014

Online fashion retailer boohoo.com has announced annual sales are up by 62 percent on last year after recently floating on the stock market. Earnings before interest, taxes, depreciation and amortisation for the company increased by over 200 percent, reaching revenues of £109 million in the year end to February. After this announcement, shares in the company rose… Read more