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Economy

Economic conditions have a direct impact on consumer spending, supply chain costs, and trading performance across the UK pet industry. Pet Gazette tracks how inflation, interest rates, labour shortages, and broader macroeconomic pressures affect pet retailers, wholesalers, and brand distributors. Coverage includes commentary on pet sector resilience during downturns, price sensitivity among shoppers, and shifts in demand for premium vs value ranges. We also report on government economic policy, retail footfall data, and financial forecasts relevant to pet businesses navigating changing market conditions.

  • Apr- 2016 -
    27 April
    Current AffairsCouncils fail to use the latest advice on pet shop inspections

    Councils fail to use the latest advice on pet shop inspections

    Barely half of councils thatย licence pet shops are using the most up-to-date advice on how to do this, according to a new report from the Ornamental Aquatic Trade Association (OATA). The Association found that at least one of 400 councilsย did not seem to be aware they were the licensing authority…

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  • 22 April
    Current AffairsLondon Stock Exchange success for pet food company

    London Stock Exchange success for pet food company

    Town and Country Petfoods has been named one of the countryโ€™s most inspiring businesses by the London Stock Exchange. The firm has been recognised in the latest edition of the London Stock Exchangeโ€™s โ€˜1,000 Companies to Inspire Britainโ€™ report, which celebrates the countryโ€™s fastest-growing and most dynamic small and medium…

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  • 11 April
    Current AffairsDomestic sales at lowest level for over three years

    Domestic sales at lowest level for over three years

    The UK economy continued to soften in the first quarter, according to a private sector business survey created byย The British Chambers of Commerce (BCC). Domestic sales and orders have reachedย their lowest level for over three years adding to the decreaseย of economic growth. The BBC claim that the downfall is “The…

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  • Jan- 2016 -
    28 January
    Current AffairsUK economy grew by 0.5%

    UK economy grew by 0.5%

    The UK economy has expanded by 0.5 percent in the last three months of 2015, according to the Office for National Statistics. This takes the annual rate of growth in 2015 to 2.2 percent.ย Output increased in twoย of the main industrial groupings within the economy, services and agriculture whilst construction decreased.…

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  • Oct- 2015 -
    27 October
    Current AffairsUK Economy continues to grow

    UK Economy continues to grow

      The UK economy grew by 0.5 percent between July and September, according to the Office for National Statistics (ONS). Although continuing to grow, the rate was slower than the previous quarter. The growth rate was also lower than predicted. In the second quarter of the year, the economy has…

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  • Jul- 2015 -
    28 July
    Industry NewsPets Corner releases plans for a new hub

    Pets Corner releases plans for a new hub

    Pets Corner is in conversation with Mid Sussex District Council officers, who are working on the town plan, to designate Northlands Farm, Hickstead, for commercial use =. Its change of use would mean that Pets Corner, as well as other high profile employers, could remain in Mid Sussex, benefiting the…

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  • 10 July
    EditorialPet Business

    Introducing the new National Living Wage

    On July 8, the Government unveiled the first purely Conservative Budget for 19 years. Chancellor George Osborneโ€™s โ€œnew contractโ€ for the country introduced a National Living Wage for all working people over the age of 25. Minimum wage will reach ยฃ7.20 per hour next April, rising to ยฃ9 by 2020.…

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  • Nov- 2014 -
    20 November
    Industry NewsPooch & Mutt Beat 2,000 Companies to Win SMARTA โ€˜Made in Britainโ€™ Award

    Pooch & Mutt Beat 2,000 Companies to Win SMARTA โ€˜Made in Britainโ€™ Award

      The SMARTA 100 awards are the UKโ€™s largest awards dedicated to championing smart, inspiring, resourceful small businesses. This year over 2000 companies entered the awards, which areย shortlisted down to a final 100, then split into 10 categories andย the winner is decided by public vote. Over 70,000 votes were cast…

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  • Apr- 2014 -
    8 April
    RetailersIndependentsโ€™ Day campaign set for July 4

    Independentsโ€™ Day campaign set for July 4

    The National Skills Academy for Retail and People 1st has launched its 4th annual Independentsโ€™ Day campaign. Celebrating the contribution independent businesses make to the UK, the campaign culminates on July 4 when the public are encouraged to make use of independent businesses. Last year thousands of businesses in over…

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  • Jun- 2013 -
    20 June
    RetailersRetail sales show promising increase for May

    Retail sales show promising increase for May

    The Office for National Statistics (ONS) has released figures showing a 1.9 per cent year-on-year increase in sales in the retail sector for May โ€“ the highest level on record since 2003. In addition, the increase from April to May of this year was 2.1 per cent for sales in…

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