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Industry News

Financial articles.

Isle of Man residents see their travel costs rocket

Residents of the Isle of Man have seen their budgets squeezed tightly in the past year by shock increases in travel costs.

Squeezed retailers forced to cut prices in face of rising overheads

Under-pressure retailers are being forced to keep their prices down, and even to offer discounts to keep shoppers coming to their high street stores.

Crowded street

Insolvency figures show pressure remains on retailers

Figures from the Insolvency Service show no let-up in the pressure on high street retailers.

Happy woman with shopping bags

Household income squeeze adds to retail worries

A new report has indicated that households across the UK are still coping with a squeeze on their finances, adding to concerns about the ability of consumers to drive economic recovery.

Oxford Street

Tourists help boost retailers' takings

Overseas visitors keen to get their hands on the latest designer goods have helped boost profits of UK high street retailers.

Women with shopping bags

Brits hit the shops to grab post-Christmas bargains

British consumers spent a record £2.6bn at the tills yesterday, according to retail industry figures.

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