There’s no escaping the fact that the economy is still going through troubled times and it’s likely to be a little while yet before the green shoots of recovery really come through. Video game retailer Game Group, became the latest high profile victim of the downturn when it went into administration on 26 March, with […]

Family firms are at the heart of the UK economy, making up around two-thirds of the UK’s private sector businesses. There are almost three million family enterprises in the UK and more than three-quarters – 77 per cent – of retail and wholesale operations are family firms, according the Institute for Family Business (IFB). Yet […]

UK shoppers are spending more than £1 in every £10 they pay out online, according to official figures. The Office for National Statistics’ retail sales bulletin for February, published in March, found that 10.7 per cent of all UK retail sales were made over the internet, or £1.07 of every £10 spent. The bulletin put […]

Latest year-on-year figures show that retail sales are growing – but the UK’s leading trade body says that the sector needs more government support and that the 2012 Budget did little to help. Official retail figures released on 22 March by the Office for National Statistics (ONS) showed the value of retail sales in February […]

The cut in the top rate of tax from 50p to 45p may have hit the headlines following this year’s Budget on 21 March, but Chancellor George Osborne’s move to introduce VAT on hot takeaway food sold by bakers and other retailers has also attracted plenty of coverage. The plan was announced as part of […]