BusinessPostCorner.com
No Result
View All Result
Thursday, July 3, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Shops offer grottos and wine to combat ‘drab’ December

January 3, 2025
in Business
Reading Time: 2 mins read
A A
0
Shops offer grottos and wine to combat ‘drab’ December
ShareShareShareShareShare

While some shops and towns have fared better than others, the national picture is less rosy.

The figures for the final three months of 2024, which is usually the time of year when shoppers spend most, were also down on the same period last year by 2.5%.

“A drab December which saw fewer shoppers in all locations, capped a disappointing year for UK retail footfall,” said BRC chief executive Helen Dickinson.

The BRC has urged the government to reduce business rates, a tax on commercial buildings, to help retailers invest.

Retail experts pinned the drop on a combination of cost of living pressures, the continued rise of online shopping, and low consumer confidence.

Next week, big retailers will reveal how they have fared over the Christmas period, with Tesco, Sainsbury’s, Marks & Spencer, and Next all due to report after Lidl posted its results on Thursday.

“People are just being a lot more cautious about their spending,” said Catherine Shuttleworth, chief executive of Savvy Marketing.

She pinned the lack of consumer confidence on people “talking down the economy”. She also criticised decisions made in the Budget, such as the employer national insurance contribution rise.

A Treasury spokesperson told the BBC “a thriving retail sector plays a crucial role in growing the economy and features at the heart of our communities”, adding it had introduced a 40% business rates relief next year and will cut rates “permanently” from 2026.

Russ Mould, investment director at AJ Bell, said things could improve for the retail sector in the year ahead if inflation and interest rates fall while the economy improves.

“You can construct a more optimistic narrative for 2025,” he said.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Wes Streeting denies government is delaying tackling UK social care crisis

Next Post

Apple to pay $95m to settle Siri listening case

Next Post
Apple to pay m to settle Siri listening case

Apple to pay $95m to settle Siri listening case

Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

Coinbase Named TIME ‘Disruptor’ as Stock Soars 42% on Crypto Policy Wins

June 29, 2025
US Treasury asks Congress to scrap foreign revenge tax in Trump bill

US Treasury asks Congress to scrap foreign revenge tax in Trump bill

June 26, 2025
Ford CEO says new technologies like AI are leaving many workers behind, and companies need a plan

Ford CEO says new technologies like AI are leaving many workers behind, and companies need a plan

June 27, 2025
Trump ends trade talks with Canada, threatens to set tariff

Trump ends trade talks with Canada, threatens to set tariff

June 27, 2025
Senate bill preserves pass-through entity deduction

Senate bill preserves pass-through entity deduction

June 30, 2025
Lyons says 86% of NI pensioners to be eligible for payment

Lyons says 86% of NI pensioners to be eligible for payment

July 3, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Lyons says 86% of NI pensioners to be eligible for payment

Lyons says 86% of NI pensioners to be eligible for payment

July 3, 2025
Tesla’s shock Q2 delivery surprise may have been driven by smaller unexpected markets, leaving Wall Street puzzled

Tesla’s shock Q2 delivery surprise may have been driven by smaller unexpected markets, leaving Wall Street puzzled

July 3, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!