
UK retail sales show biggest fall in 18 months as shoppers cut back on food and clothing
Retail sales in the UK fell 2.7% in May — the largest monthly drop since December 2023 — driven by weaker demand for food, clothing and…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Retail sales in the UK fell 2.7% in May — the largest monthly drop since December 2023 — driven by weaker demand for food, clothing and…

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UK inflation cooled to 3.4% in May, with core and services inflation also easing. The Bank of England is expected to hold interest rates at 4.25%…

Nissan has revealed its third-generation electric Leaf, to be built in Sunderland with UK-made batteries and a range of up to 375 miles, as part of…

Energy Secretary Ed Miliband says Labour will defeat critics of net zero by creating jobs in offshore wind, as the government unveils £1bn to boost the…

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Transport Secretary Heidi Alexander to reveal billions were wasted on HS2 by the previous Conservative government due to poor management, bad contracts and scrapped designs, as…

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