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Sales in UK shops bounce back as inflation slows

Sales in UK shops bounce back as inflation slows

Sales in British shops have bounced back in May, according to retail data that suggests slowing inflation is encouraging customers to buy more. A net balance of +8% of retailers told a Confederation of British Industry (CBI) survey that sales volumes were up this month compared with the same period a year earlier – a...

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UK shop price inflation falls

UK shop price inflation falls

image: @sergeyryzhov | iStock Shop price inflation in the UK has reduced to its lowest level since November 2021, driven by significant price cuts on big-ticket items like furniture and TVs This comes as households continue to tighten their spending with the ongoing cost of living pressures and poor weather conditions. Deflation in the UK...

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Age UK West Cumbria to close services and seven charity shops

Age UK West Cumbria to close services and seven charity shops

An elderly care charity is to close its local services and seven stores over financial challenges it faces. Age UK West Cumbria said it was “sad and disappointed” to have to stop its services and the trading of its shops from 31 May. The charity said its “number one priority” was now to look at...

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Meadowhall: British Land sells shopping centre stake for £360m

Meadowhall: British Land sells shopping centre stake for £360m

5 days ago By Holly Williams,PA Media Geograph British Land has owned the shopping centre since 1999 British Land has sold its stake in Sheffield’s Meadowhall shopping centre for £360m, bringing an end to its ownership after 25 years. The group said the sale of its 50% holding was part of a shift away from...

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KS1 Geography: How our milk gets from the farm to the shop

KS1 Geography: How our milk gets from the farm to the shop

Teacher Notes After viewing the clip, the children could use model animals to create a bird’s eye view of the farm William Whiskerson visited. Pupils could use a freeze-frame of the map shown in the clip to help them build up their model, cutting grassy meadows from green paper and ploughed fields from brown paper...

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NBIM buys full ownership of Meadowhall Shopping Centre from British Land

NBIM buys full ownership of Meadowhall Shopping Centre from British Land

Norway’s sovereign wealth fund manager Norges Bank Investment Management (NBIM) is acquiring full ownership of Meadowhall Shopping Centre in the UK by buying the remaining half from British Land for £360m (€420m), and taking over the mall’s £426m debt in the process. In 2009, British Land sold a 50% stake in Meadowhall to London & Stamford Property and...

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Body Shop administrator to launch auction of stricken chain

Body Shop administrator to launch auction of stricken chain

The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable. Sky News has learnt that FRP Advisory, which has been overseeing the collapsed business since January, is to begin formally sounding out potential buyers in the...