Office for National Statistics
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Online spending is due to overtake physical store sales for the first time ever this Christmas rising to a “record-breaking” £39.17 billion.
UK shoppers are expected to spend around £78…
Read MoreTesco hiring 11,000 temporary staff to meet online spike as unemployment hits 3-year high
Tesco is set to recruit more than 11,000 temporary staff this year to help it meet the spike in demand for online grocery orders over Christmas.
The UK’s largest grocer…
Read MoreUK economy not likely to recover for 3 years after COVID-19
The UK’s economy is not expected to return to normal until 2023 following the coronavirus pandemic, according to a new report.
EY Item Club, a leading economic forecasting group, has…
Read MoreUK ecommerce sales rose at fastest pace on record in 2018
Ecommerce sales by UK business grew by the largest amount since records began in 2018 topping £688 billion.
Total ecommerce sales grew 18 per cent in the UK last year,…
Read MoreOnline retail sales see biggest fall since 2015
Online retail sales volumes in August saw the biggest monthly fall since 2015, leading to an unexpected decline in overall retail sales in the UK.
“Non-store” retailing, predominantly online shopping,…
Read MoreOnline retail sales hit highest level in 3 years thanks to Amazon Prime Day
UK online retail spending hit its highest level in three years in July, helping boost overall retail sales and beating analyst estimates. Online sales rose 6.9 per cent throughout July,…
Read More54% of pensioners now shop online
Pensioners are now online shopping in their droves, as more than half of over 65s said they have shopped online for the first time in history. According to the Office…
Read More7.4% of UK workers at risk of losing job to automation
Millions of jobs in the UK are under threat from automation, with retail set to be one of the sectors most dramatically affected by the transition. According to the latest…
Read MoreSmart speakers officially added to governments inflation calculations
Smart speaker’s have officially been included in the government’s list of items used to measure the rate of inflation. The growing popularity and influence of devices like the Amazon Echo…
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