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UK office property sales facing largest discounts since financial crisis
UK office buildings are selling at nearly 20% below asking prices, the steepest discounts since 2009, as buyers favour modern, eco-friendly properties over older buildings.
Government considers capping landowners’ profits from green belt sales to meet housing targets
Ministers are preparing to cap the profits landowners can make from selling green belt land as part of the government’s strategy to deliver 1.5 million new homes by 2030.
Warm weather boosts UK retail sales in July, but big purchases still lag behind
UK retail sales rose by 0.5% in July thanks to warm weather, with increased spending on clothing and beauty products. However, big-ticket items saw reduced spending amid the cost of living crisis.
McDonald’s global sales drop for the first time in four years as cost of living impacts consumer choices
McDonald’s reports a 1% decline in global sales for Q2 as inflation-weary consumers opt for cheaper meals or eat at home. The company plans to introduce meal deals and new menu items to counteract the trend.
Retail sales slump in July — can labour’s victory reverse the trend?
Wet weather and attractive savings rates led to a sharp decline in July retail sales, says CBI. Will Labour’s election win boost consumer spending?
Pinterest strengthens UK sales team with key senior hires
Pinterest is enhancing its UK sales team with two significant appointments this summer. Caroline Orange-Northey has been named Director of Retail Sales, while Naureen Mohammed will take on the role of Director of CPG Sales.
UK car market sees first million sales since pandemic, driven by hybrids over fully electric vehicles
The UK car market has reached a significant milestone, with new car registrations surpassing one million in the first half of 2024, the first time this has happened since before the pandemic in 2019.
Retail Sales Surge in May After April Washout
Retail sales volumes in May increased by 2.9%, exceeding expectations, driven by improved weather and higher disposable incomes. Consumer confidence also reached a three-year high.
Soup Sales Surge as Rainy Spring Affects Consumer Spending
A rainy spring boosts soup sales but slows overall grocery spending. Kantar reports increased comfort in household finances and predicts a spending rise from the Euros football tournament.
Tesco Sees Surge in Sales as Shopper Confidence Rebounds
Tesco, the UK’s largest retailer, reports nearly 5% sales growth as consumer confidence returns. Strong demand for premium products and increased market share highlight the positive trend.
Retail Revival: High Street Sales Surge in May
Retail sales in May soar to their fastest growth in 18 months, boosting the Conservative election narrative as economic conditions and weather improve, according to the latest CBI survey.
Young Women’s Knicker Purchases Fuel £1bn Sales Boost at M&S
Marks & Spencer sees a surge in sales driven by increased demand for lingerie among younger women, marking its strongest performance since 1997. CEO Stuart Machin’s turnaround strategy shows promising results.
April Retail Sales Plummet Due to Severe Weather Conditions
April retail sales in the UK plunged by 2.3% as heavy rains deterred shoppers, marking a significant drop compared to expectations. Poor weather and a shift in Easter timings contributed to the decline.
How can acoustic work pods accelerate the success of your sales team?
Competition is fierce in today’s business world, and success depends on the work pace and efficiency of the sales team.
