British retail news and archive

Government new backing for British retailers

The government is backing Britain's retailers in their bid to expand into fast-growing and lucrative overseas markets. Business Secretary Vince Cable today launched the UK Retail Industry International Action Plan which was developed by UK Trade & Investment (UKTI) in association with the retail industry. The global retail sector has held up...

Fashion

May trading falls 2.5 per cent

The closely watched British Retail Consortium's monthly sales monitor is expected to confirm anecdotal reports that trading in May was dire. Some analysts are predicting the monitor will show sales fell by 2.5 per cent on a like-for-like comparison with a year ago. BRC director Kevin Hawkins this weekend called on the Bank of England to offer...