UK inflation rose to 5.2 percent in September, with energy bills taking the blame, official figures have shown. The Consumer Prices Index (CPI) measure was up from 4.7 percent in August.
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Online retail enjoys a HUGE sales boom
Sales are booming, but unfortunately for the small businesses on the high street the boom is being seen by online retailers. A new report from the IMRG Capgemini e-Retail Sales Index indicate that online sales have shot up by 16 per cent when compared with online retail sales from 2007.
The chief executive of IMRG, James […]
SMEs hit hard by late payments
New research reveals that small businesses are suffering at the hands of larger companies. Late payments are said to be affecting 88% of SMEs, with 72% of those surveyed reporting delayed settlements as posing a serious threat to the sustainable life of their business.
Finance director of the Forum of Private Business (FPB), Nick Palin, […]
CBI Expects Bleak Month ahead for Retailers
Following a sharp fall in retail sales in July, the Confederation of British Industry (CBI) expects August to be a bleak month for consumer spending.
In the recent Distributive Trades Survey, 61 percent of those who took part reported a drop in sales compared to the previous years’ July, with just 25 percent reporting an increase. […]
Online Sales Soaring as Customers Seek Cheaper Deals
With rising fuel, food and energy prices, more and more people are turning to the internet for cheaper deals to help make it through the credit crunch.
According to the IMRG Capgemini e-Retail Sales Index, British consumers spent 38 percent more online in the first half of 2008, compared with the same period the previous year.
What […]
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