Rebecca Crook admits that 'times are tough for retailers' despite 0.5% retail sales growth
The Chief Growth Officer of CI&T stressed that it is crucial for retailers to up their game to survive this period, as consumers are engaging in prudent buying.
Inflation in the UK has fallen - yet food prices have not
United Kingdom inflation eased to 10.1% in January 2023 and eased the pressure on the Bank of England. Many retailers, however, need to maintain higher product prices.
UK consumers bought more in Jan but overall gloom persists
British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying more on discounts at retailers to make ends meet.
UK economy in crisis, as the Chancellor urges missing workforce to return
Latest figures from the ONS reveal zero GDP growth in Q4 2022. A labour shortage is part of the problem, with the Chancellor urging people to return to work.
Global stocks rise after strong US retail sales, better UK inflation data
That's still a high level of inflation, but the pound's retreat reflected a shift for the foreign exchange market.
UK inflation retreats further, remains above 10%
British annual inflation dropped further last month on easing transport costs, official data showed Wednesday, but remains above 10 percent, prolonging a cost-of-living crisis that has sparked massive strikes.
Slowdown in UK inflation eases pressure on Bank of England
British inflation fell by more than expected in January and there were signs of cooling price pressure in parts of the economy watched closely by the Bank of England, adding to signs that further hefty interest rate hikes are unlikely.
Virgin Media O2 is leading the initiative to establish greater career opportunities in the UK workspace
Virgin Media O2 has outlined the impact its 350 apprenticeships in 2023 could have in crafting greater career pathways and helping the UK's economic state.
From lockdown to strikes: The turbulent life of a Covid-year university student
Covid-generation uni students had their first and second year's disrupted by lockdown rules; now they're set to miss out on more learning due to union strikes.
How e-commerce is changing the face of traditional commerce in the UK
Electronic commerce is gradually replacing physical stores in the British economy. However, brick-to-mortar stores are still strong pillars of UK business.
Hospitality in Crisis: Are there enough chefs to keep up with London's insatiable demand for fine dining?
Chefs have not returned to work in the same numbers post-pandemic, leaving the hospitality industry grappling with an acute staffing crisis at a time when operators are also struggling with the soaring costs of doing business.
Half a million strike in UK's largest walkout in 12 years
Half a million workers went on strike in Britain on Wednesday, calling for higher wages in the largest such walkout in over a decade, closing schools and severely disrupting transport.
Strikes: how rising household debt could slow industrial action this year
Since at least the early 1980s, household debt-to-income ratios have been increasing dramatically.
Strikes: why refusing public sector pay rises won't help reduce inflation
Since industrial action first started to gather speed last year, concerns have been raised about a wage-price spiral causing entrenched inflation.
Energy support, debt interest help to swell UK borrowing
Britain's government borrowed more last month than in any December since monthly records began 30 years ago, reflecting the huge cost of energy support and soaring debt interest linked to rising inflation.
UK shoppers cut back on spending as inflation takes its toll
Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
Arsenal transfer news: More to come after agent confirms first signing
Arsenal are expected to be active in the transfer market after landing Brighton's Leandro Trossard as their first January signing.
UK pay growth speeds up again as BoE frets about inflation
Pay growth in Britain - which is being closely watched by the Bank of England as it gauges how much higher to raise interest rates - picked up more pace in the three months to November, official data showed on Tuesday.
Winger confirms contact with Arsenal as Arteta seeks alternatives
Mikel Arteta is seeking alternatives to bolster his front line after losing primary target Mykhaylo Mudryk to Chelsea.
UK economy posts surprise growth in November: data
Britain's economy unexpectedly grew in November, official data showed Friday, but it is widely tipped to enter recession this year as the country faces a cost-of-living crisis.
UK economy wins World Cup boost but recession looms
Britain's economy unexpectedly grew in November as consumers splurged during the World Cup, official data showed Friday, but analysts warned that it remains on course for recession due to the cost-of-living crisis.
Arsenal CEO leaves it to the experts as first January signing nears
Arsenal CEO Vinai Venkatesham says technical director Edu and his team are working on strengthening the squad wiithout naming specific targets.
How the inflation crisis is impacting retail industries in the UK
Businesses in the UK are reinventing the way they run their organizations as industry dynamics change due to unprecedented inflation in the UK.
Manchester United and not Chelsea are Arsenal's main January transfer problem
Manchester United paying over the odds to sign Brazilian winger Antony is causing Arsenal a major headache in their pursuit of Shakhtar Donetsk winger Mykhaylo Mudryk.
Arsenal transfer news: Arteta explains January transfer need; £62m bid made
Arsenal played out their first 0-0 draw of the season against Newcastle on Tuesday night. Mikel Arteta spoke about the need to make additions following the game.
Arsenal transfer news: Mykhaylo Mudryk speaks to Arteta as Gunners make second bid
Mykhaylo Mudryk has already spoken to Arsenal manager Mikel Arteta about his potential role in the team should the Gunners reach an agreement with Shakhtar Donetsk for his transfer.
Household Support Fund: You could be eligible to receive up to £325 cash boost
Various councils in England are giving help in the form of free cash and supermarket vouchers from a £500 million support fund.
Arsenal told to emulate Manchester City to complete first January signing
Arsenal have had their first offer for Mykhaylo Mudryk rejected by Shakhtar Donetsk with the Ukrainian club demanding more than double the initial offer.
COVID in 2023 and beyond – why virus trends are more difficult to predict three years on
The UK's health system is under huge pressure, with very high pre-COVID waiting times having been exacerbated during the pandemic.
Transfer news: Why Arsenal want Mudryk over Joao Felix? Winger drops major hint
Mikel Arteta wants to sign an attacking player in January with Mykhaylo Mudryk and Joao Felix being constantly linked with a move to the Emirates Stadium.