GDP

Retail GDP down by 2.2% in 2020 – as the BRC says the industry lost sales of £22bn over the year and calls for government support in next month’s Budget

12 Feb 2021

Retail GDP fell by 2.2% in 2020, according to the ONS. That’s the first annual decline in the industry’s output since 2011...

Retail output slumped by 22.5% in Q2 2020, as UK GDP fell by a record 20.4%

12 Aug 2020

Retail and wholesale output fell by 22.5% in the second quarter of 2020 – between April and June – compared to the same time last year...

GDP retail sales

New GDP figures show the economic impact of coronavirus lockdown on retail

12 Jun 2020

New official figures today suggest GDP (gross domestic product) from retail fell by 8.9% in the three months to April 2020 as a result...

Covid-19 GDP HMRC lockdown

Rain and Brexit uncertainty kept shoppers away from the high street in October: BRC/Springboard

11 Nov 2019

Shoppers stayed away from the high street in October amid rainy weather and Brexit uncertainty, new footfall figures from the BRC and Springboard suggest. At...

footfall GDP the changing high street

Retailers brace for slowdown in spending as UK economy takes the first step towards recession

9 Aug 2019

Retailers look set to suffer further as cautious shoppers hold back from spending amid fears of recession, the British Retail Consortium (BRC) said today

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