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Retail

High Street fashion under pressure amid rising costs and shrinking labour pool

Retail employment in the UK has entered a troubling downturn. According to the latest report by the Office for National Statistics (ONS), there were 2.73 million jobs in retail in June 2025. The four-quarter average, which smooths out seasonal hiring variations, stood at 2.78 million jobs, some 97,000 fewer than at the same point last year, and...

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Business

UK and EU establish trade agreement, future of textiles not yet certain

The UK and the European Union have confirmed a new agreement intended to “make it easier for food and drink to be imported and exported”. How the textile industry will be impacted is not yet known, however. According to a press release from the UK government, the deal, which comes after “extensive negotiations” over the last six months,...

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