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Tag Archives: brc

Tech industry reactions to the 2018 Budget

On Monday, Philip Hammond has delivered his third Budget as chancellor. Within the speech a number of things were announced that would affect tech companies and retailers in the UK. Here’s what the tech and retail channels had to say about the announcements: Digital Services Tax The Digital Services Tax …

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“Retailers need to match the modern shopper’s expectations”

BRC and KPMG have released their latest sales monitor, revealing that retail sales fell by 0.2% on a like-for-like basis in September, compared to the same month in 2017. With total sales also falling from 1.3% in August to 0.7% in September, there are major concerns that retailers will continue …

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Card payments now account for 75% of UK retail sales

For the first time ever, card payments account for more than three quarters of all retail sales, that’s according to BRC’s annual Payments Survey. The report indicates that this has partly been driven by UK customers increasingly using cards for lower value payments, traditionally dominated by cash, which now accounts …

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5 years of shop price deflation comes to an end

BRC and Nielsen’s latest shop price index has revealed that for the first time in over five years, shop prices entered inflationary territory. In August, shop prices increased by 0.1%, up from the July decrease of 0.3%. This broke a deflation cycle of 63 months. “Despite significant increases in costs …

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BRC calls for 2-year freeze on business rates for retailers

The British Retail Consortium (BRC) is calling on government to freeze business rates increases to provide some relief for UK retailers. The BRC says the retail industry is currently under “significant cost pressure” and is “going through a period of transformation driven by technology and changing consumer behaviour”. Calling the …

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What do the latest immigration rules mean for UK retail?

Earlier this month, the government announced a number of changes to the Immigration Rules in the UK. While there have been many changes over the last few years, the British Retail Consortium (BRC) believes the latest update could signal a significant shift in the amount of retail workers coming to …

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Retail experts urge shop owners to not give up on physical stores

New research from BRC and Springboard reveals that High Street footfall has continued to decline in March 2016. Footfall in March was 2.7 per cent down on a year ago – lower than the 1.1 per cent fall in February. High street footfall declined 3.9 per cent, and shopping centre …

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Tech Market Snapshot: Notebook sales declined in 2015, 75% of Europe’s workforce will be mobile by 2018

We roundup the latest news from IT analysts and firms to see which tech categories have been doing well, which haven’t, and what’s forecast to be big in the near future. This week, we also look at the latest UK High Street footfall figures from BRC/Springboard. Notebook shipments saw significant …

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Online sales throughout November ‘highest on record thanks to Black Friday’

Online sales of non-food products in the UK grew 11.8 per cent in November compared to the same time last year, according to a new report from the BRC. In fact, the BRC-KPMG retail sales monitor reveals that the non-food online penetration rate was the highest on record. “With growth …

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What the tech sector really thinks about George Osborne’s Autumn Statement

Today (November 25th), Chancellor George Osborne has unveiled the annual update of the Government’s plans for the economy in his Autumn Statement. The announcement covers a number of areas that are of interests to a host of businesses in the tech and IT sector, from indie retailers to large vendors. …

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