UK retail trade body
Retail sales in June have risen by 1% year-on-year and month-on-month, driven by online shopping and warm weather. The ONS notes a strong online share, a boost from World Cup promotions, and caution about potential consumer weakness ahead due to cost-of-living pressures.
Sainsbury’s has agreed to sell Argos and the Habitat brand to Swift Partners. The deal will complete in February 2027 with full separation by 2029. Argos will continue to operate normally during the transition, and staff will transfer to Swift. The move allows Sainsbury’s to focus on its core groceries business.
Forecourt Eye reports a 20% rise in fuel thefts and a 48% jump in the value of stolen fuel across 550 UK forecourts in the five months since the February conflict began. Average petrol and diesel prices have reached multi-year highs, with forecourt crime expanding to include abuse and intimidation. Retailers partner with Facewatch to improve reporting.
UK farmers warn of a strained harvest as a dry, hot July tests crops; while growers embrace warmer English summers for wine, pressures on supplies and pricing rise. Wildfires in France threaten rosé quality; vineyards test batches and some produce may be unsellable. Across Europe, heat waves drive shifts in farming and food supply.
July retail activity across the UK shows mixed momentum. Food and hospitality have benefited from warm weather and England’s World Cup run, while non-food and big-ticket categories lag. Card spending is higher than a year ago, and consumer demand remains fragile as inflation and costs weigh on shoppers.
Independent review led by Jerry Schurder will probe how pubs and hotels are valued for business rates, with March 2027 target for findings. The government has cut pub rates by 20% from April next year and is weighing broader reforms to the system.
The latest inflation reports have kept pressure on American households, with both wholesale (PPI) and consumer (CPI) indices showing prices staying above 3%. The Federal Reserve faces ongoing debates over possible rate moves as energy costs and supply-chain dynamics feed through, while investors digest a strong jobs backdrop.
A run of fresh data shows the UK labour market remains resilient despite signs of cooling. Payrolls edge down; unemployment holds at 4.9%; wage growth remains mixed across private and public sectors, with vacancies at a post-pandemic low.
The Office of Rail and Road has published data showing a sharp rise in assaults on the mainline railway in 2025-26, with 13,464 incidents against passengers and 11,289 against staff. Harassment and common assault have surged, while unions call for more policing and staff. The figures reflect increased reporting and ongoing safety campaigns.
Lidl GB has reported a 10% rise in sales to over £13bn, with pre-tax profit up 30% to £245.5m as shoppers chase cheaper meat, fruit and veg and new Deluxe range. Aldi faces scrutiny over loyalty schemes as it expands stores and price cuts amid inflation and supply-chain concerns.