Tag: month

Brexit: UK hopeful of EU trade deal next month, says No 10

Image copyright Getty Images Image caption Negotiations over a free trade agreement between the UK and EU began in early March The UK still believes it can agree a post-Brexit trade deal with the EU next month, according to Downing Street. The PM’s spokesman said UK negotiators would “continue to plug the gaps” as negotiations enter their seventh round in… Read more →

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Coronavirus: May ‘another month of struggle for retail’

Image copyright Getty Images May was another tough month for retail as coronavirus lockdown measures continued, a trade body says. Total UK sales fell by 5.9% compared with the previous year, dragged down by temporary shop closures, the British Retail Consortium (BRC) said. Online sales growth rose fifteenfold to 60.2%, but failed to offset this drop. Separately, Barclaycard figures suggested… Read more →

Coronavirus: Big sales expected when clothes stores reopen next month

Image copyright Getty Images Clothes stores are ramping up plans to reopen – and big discounts could be on offer. Some non-essential retailers will be able to begin reopening next month. One of the UK’s biggest fashion retailers, M&S, said: “We are working towards reopening more space from June.” But analyst Richard Lin of Retail Economics said stores “will have… Read more →