Confederation Of British Industry news and trends

Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend
Retail // June 23, 2022

Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive Trades Survey released Thursday (June 23) — and it looks like more bad news is coming for July. Get the...

Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs
Economy // August 25, 2020

Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of British Industry (CBI) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

UK Agencies Paint Stark Reality For Retail
Retail // March 30, 2020

The U.S. retail picture is bleak in this time of COVID-19. But the U.K. may be even worse. Data from February shows the U.K. economy was already sliding into declines during February, well before the coronavirus and the accompanying lockdowns were a factor. Get the...

Retail Sales In UK Continue To Drop
Retail // August 25, 2017

British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Quick Reads
UK Retailers Struggle to Stem Slumping Sales, While Canada Sees Slight Increase

September 23, 2022
Retailers in the U.K. reported a drop in sales for September and expect that trend to continue next month as businesses prepare for the holiday shopping season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Retail Recession Woes Spread as UK Business Organization Reports Ongoing Downward Trend

June 23, 2022
Retail sales volumes are down about 5% for the year through June, according to survey data from the latest Confederation of British Industry (CBI) Distributive Trades Survey released Thursday (June...

Consumer Switch To eCommerce Prompts UK Retailers To Slash Jobs

August 25, 2020
Retail employment in the U.K. has dropped 45 percent since May in the sharpest fall it has taken since the 2009 recession, the Confederation of British Industry (CBI) reported. Get...

Retail Sales In UK Continue To Drop

August 25, 2017
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Get the Full Story Complete...