New research by Geek Retreat, the geek culture retailer, gaming café, community hub and events venue, shows that 15% of Brits have set up their own business in the past ten years, and of these, 44% did so in the last three years. The findings also show that more women (52%) have started their own […]
The UK’s small retailers plan to invest in new technology in the year ahead as part of strategies to drive business growth and improve customer experience, according to the latest research from American Express. Asked about how they planned to safeguard their business this year, the survey of independent retail and hospitality business owners found […]
Responding to the latest CPI inflation figures which show headline inflation falling to 3.9% and food inflation falling 0.9 percentage points to 9.2%. Helen Dickinson, chief executive of the British Retail Consortium, said: “Inflation continued to fall as fierce competition between retailers helped hold down prices for consumers. With the eighth consecutive fall in food […]
Three leading trade bodies and seven food retailers are calling for urgent action to reform the broken Apprenticeship Levy system and address the “critical and persistent” labour shortages in our food supply chains. In a letter sent to the government, the British Retail Consortium (BRC), the National Farmers Union (NFU) and UKHospitality (UKH), along with […]
As cash payments in the UK rise for the first time in a decade, payments technology and solutions provider Monavate has worked with e-commerce payments innovator Kasssh and recently launched a trailblazing cash payment solution for online shoppers in the UK. E-commerce operators can now tap the previously unaddressable segment of UK consumers who favour […]
With the deadline of 15 December now set for members of the Federation of Independent Retailers (the Fed) to become PayPoint Park Super Agents, PayPoint today announces that more than 1,700 retailers have already signed up, surpassing their 1,500 target. With the £2.5m national advertising campaign now live to drive consumer awareness, the focus has […]
Today, the British Retail Consortium (BRC) published its BRC Payments Survey 2023. UK retail sales rose 4.3% to £439.5bn in 2022, although this was largely due to rising prices resulting from increased costs throughout the supply chain. The number of transactions rose from 17.2bn in 2021 (47.2m per day) to 19.6bn in 2022 (53.7m per […]
Christmas is set to give the long-struggling British High Street the boost it deserves as research shows that well over half the population will shop local in the coming weeks. But more must be done by big brands to commit to the UK’s town centres next year in order to turn around the fortunes of […]
Consumer card spending grew 2.9 % year-on-year in November – less than the latest CPIH inflation rate of 4.7 % but higher than October’s 2.6 % growth – as Brits’ confidence in their ability to spend on non-essential items (56 %) reached its highest level since April. The high street received a welcome boost from […]
As the festive period begins, the British Retail Consortium and UKHospitality have come together to urge the public to be kind and considerate to people who work in retail and hospitality, as well as fellow customers when doing their shopping, dining out or going for a festive tipple this Christmas. The plea comes as violence […]
