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- 2013 -16 AprilRetailers
UK website to offer low cost pet-sitting services
The UKโs first social networking website to offer pet-sitting services by pet owners themselves has launched, promising a ‘sharing economy’ solution to finding local pet care for less. ย Pet Around.com is an innovative new approach to the age-old problem of pet care while on holiday. Combing the support of an…
Read More » -
Feb- 2013 -27 FebruaryCurrent Affairs
Retail sales growth continues but momentum slows
Retailers reported a year-on-year growth in sales volumes in the first half of February, the CBI has revealed. In its latest Distributive Trades Survey, which covers the first two weeks of February, the CBI revealed that 37 per cent of retailers saw an increase in sales volume in the year…
Read More » -
19 FebruaryCurrent Affairs
Retail business running costs up ยฃ20bn since 2006
A British Retail Consortium (BRC) commissioned study by Oxford Economics has revealed that retailersโ operating costs have increased by a fifth since 2006. BRCโs new pre-budget research has seen the association call on the Chancellor, George Osborne, to maintain retailersโ contribution to the country by reducing business costs and re-building…
Read More » -
Jan- 2013 -24 JanuaryCurrent Affairs
Data shows rise in retail employment despite record decline in shop numbers
Retail employment was shown to have risen by 0.6 per cent in the BRC-Bond Pearce Retail Employment Monitor (REM) for the fourth quarter of 2012. Despite the number of retail outlets falling by 3.6 per cent during the quarter, the fastest rate since the REM began in October 2008, retail…
Read More » -
Dec- 2012 -7 DecemberCurrent Affairs
Starbucks pays up but business rates will still rise
Starbucksโ acceptance to pay increased corporation tax has done little to soften the news that business rates will not be frozen next year, as announced by the chancellor. George Osborneโs Autumn Statement dealt another blow to retailers and small businesses as he overlooked pleas to freeze business rates, despite much…
Read More » -
Nov- 2012 -13 NovemberCurrent Affairs
BRC submits six-point plan to Chancellor of the Exchequer
Ahead of next monthโs autumn statement, the British Retail Consortium (BRC) has submitted a plan to Chancellor George Osborne requesting that changes are made to existing measures in order to strengthen the economy. Concerns have been raised following suggestions that business rates will rise 2.6 per cent in April 2013.…
Read More » -
Oct- 2012 -3 OctoberCurrent Affairs
UK economy โreturns to growthโ
According to a British Chambers of Commerce (BCC) survey, the UK economy returned to growth in the third quarter. Based on its quarterly survey of 7,593 UK firms, the BCC estimates the economy to have grown by 0.5 per cent between July and September. Despite the estimate showing economic growth…
Read More » -
Sep- 2012 -25 SeptemberCurrent Affairs
BRC calls for support following global financial crisis research
Retail sales growth is now averaging half what it was in the years preceding the collapse of Lehman Brothers. Four years on from the bankโs failure, the British Retail Consortium (BRC) is publishing figures that show how much the global financial crisis impacted, and continues to impact on UK retailers.…
Read More » -
Aug- 2012 -17 AugustIndustry News
Could rise in retail sales signal a stronger UK economy?
Better-than-forecasted sales figures have helped to raise hopes that the UKโs recession may not be as deep as first feared. According to figures from the Office for National Statistics (ONS), sales volumes in July rose by 0.3 per cent and were up 2.8 per cent from a year earlier. ONS…
Read More » -
17 AugustCurrent Affairs
Could rise in retail sales signal a stronger UK economy?
Better-than-forecasted sales figures have helped to raise hopes that the UKโs recession may not be as deep as first feared. According to figures from the Office for National Statistics (ONS), sales volumes in July rose by 0.3 per cent and were up 2.8 per cent from a year earlier. ONS…
Read More »
