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The Latest Breaking News from BRC

Nearly one in four Britons have witnessed shoplifting, study shows

Nearly a quarter have seen staff abused as shops say crime is spiralling out of control with 55,000 thefts a day

The Guardian - UK

Quarter of UK population witnessed shoplifting in last 12 months, poll suggests

Customers in Nottingham saw the most shoplifting, with 32% of people witnessing an incident, followed by London at 29% and Southampton at 28%.

Evening Standard

Valentine’s Day proves a gift for UK retailers, as consumers hold back on big-ticket items

Jewellery purchases linked to 14 February give lift to otherwise lacklustre month, British Retail Consortium says

The Guardian - UK

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Food prices rise at third fastest monthly rate in a year

Breakfast, in particular, got more expensive as butter, cheese, eggs, bread and cereals all saw price hikes.

Evening Standard

Creighton off to a flier with first 'proper' BRC win on East Riding Stages

William Creighton cites his East Riding Stages victory last weekend as his first British Rally Championship win, despite taking a maximum score at Rali Ceredigion last year; however, this was different.

Autosport

How the BRC continues to build momentum after spell in the doldrums

The British Rally Championship has endured a whole range of fortunes in recent times.

Autosport

More than half plan to spend on Valentine’s Day – survey

Just over a quarter of people (27%) intend to take their partner out for a Valentine’s Day meal and 19% will send a card, the BRC found.

Evening Standard

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UK shoppers inspired by health food trends on social media ‘lift retail sales’

Year-on-year credit and debit card spending in January is highest upsurge since March 2024, says Barclays

The Guardian - UK

January sales give retail stores their strongest growth in almost two years

Total retail sales across the UK increased by 2.6% year on year in January, according to the British Retail Consortium (BRC) and KPMG.

The Independent UK

Bargain-hunting shoppers give retailers welcome January boost

Total UK footfall increased by 6.6% year on year in January, according to BRC-Sensormatic data.

Evening Standard

Shoplifting soars in England and Wales by staggering amount

Police recorded the equivalent of 1,350 shoplifting offences every day in the year to September 2024, new Office for National Statistics figures show

The Independent UK

Crime ‘spiralling out of control’ in stores, warns British Retail Consortium

UK retailers report all-time high of 55,000 thefts a day and a 50% rise this year in violent and abusive incidents

The Guardian - UK

Retail crime ‘spiralling out of control’ to more than 2,000 incidents a day

Over the last year, there were 70 incidents a day which involved a weapon – more than double the previous year, an annual BRC survey has found.

Evening Standard

New BRC Kielder rally organised in record time

A new rally to fill the gap in the British Rally Championship calendar will be organised and run in a record-breaking 12 weeks with the Carlisle Stages confirmed for April.

Autosport

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The Independent UK

Consumer expectations for economy plunge to ‘new low’ amid job cuts

Hopes for the state of the economy over the next three months have dampened since December, according to a consumer confidence survey

Evening Standard

Consumer expectations for economy plunge to ‘new low’

A survey found expectations for the state of the economy over the next three months have worsened to minus 34, down from minus 27 in December.

Autosport

Welsh forest rallying in turmoil as storm damage causes events to be cancelled

Forest rallying in Wales in 2025 has been thrown into turmoil after the season’s opening two events were cancelled due to storm damage, including a British Rally Championship fixture.

The Independent UK

Half of UK retailers plan to cut workforce in 2025 - and even more will raise prices

70 per cent of polled CFOs are ‘pessimistic’ or ‘very pessimistic’ about trading conditions over the coming 12 months

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news in one place.

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Evening Standard

Two thirds of leading retailers warn Budget will force them to hike prices

The BRC poll of 52 chief financial officers found 70% are ‘pessimistic’ or ‘very pessimistic’ about trading conditions over the coming 12 months.

The Guardian - UK

Retailers warn of higher prices in 2025 and urge ministers to ease tax burden

Companies grappling with higher employment costs say price of food may rise by 4.2% in latter half of year

Evening Standard

Food prices to rise by 4.2% this year amid increased costs, industry warns

The BRC said there was ‘little hope of prices going anywhere but up’ amid higher national insurance, National Living Wage and packaging costs.

Fortune

The golden Christmas period was a huge boost for the U.K.’s biggest supermarkets Tesco and Sainsbury’s. But 2025’s storm clouds are brewing

The boom in spending was driven by average U.K. households making 17 shopping visits in December, according to Kantar data.

The Guardian - UK

UK retailers may have to cut thousands of jobs after bleak Christmas

British Retail Consortium figures show sales growth close to flatlining, as card spending fails to rise

The Independent UK

New Budget blow for Starmer as retailers warn of price hikes and job cuts

Retailers will be particularly hard hit by chancellor Rachel Reeves’s planned hike to employers’ national insurance

The Guardian - UK

Biden blocks Nippon Steel’s $15bn bid for US Steel over national security fears – as it happened

Rolling coverage of the latest economic and financial news as the US president uses his final days in office to block a $15bn bid for US Steel

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