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Retail

Sales dip in October as consumers practice caution ahead of Budget

In the UK, new figures from the Office for National Statistics (ONS) have shown a drop in sales volumes during October, with figures falling 1.1 percent on the month prior. Compared to October last year, sales volumes rose 0.2 percent. Performance was stronger over the three months to October. During this period, sales volumes rose 1.1 percent...

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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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