British Retail Consortium

UK Retailers Enjoy ‘Solid’ Start To 2025 – BRC

British retailers reported a reasonable start to 2025 after a disappointing 2024 but remain concerned about rises in employment costs.

Prices in British shops fell less sharply in January than in December and food costs rose at the fastest monthly pace since April last year.

Two-thirds of British retailers will raise prices this year in response to higher costs, a survey by the BRC showed on Wednesday.

Shoppers in the UK last month saw the sharpest fall in prices in more than three years but 2025 spells a return to higher costs, the BRC said.

Black Friday spending helped lift retail sales in late 2024, the British Retail Consortium said on Tuesday.

Britain’s biggest supermarkets were the big winners at Christmas, according to industry data published by Kantar on Tuesday.

The number of people visiting British shops last year fell by 2.2% in the biggest drop since 2021, industry data showed on Friday.

Prices in British shops fell less sharply this month, according to a survey by the British Retail Consortium, released on Tuesday.

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