The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year in an attempt to revitalize British high streets, according to a report by The Financial Times. The empty properties have...
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by Reuters. The survey’s retail sales balance dropped to -27 this month from +13 in April,...
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Retail sales in the nation fell at the most aggressive rate since July 2016, Bloomberg reports. In addition, 44 percent...
Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015....
July 13, 2020
As consumer demand stays low even with the “turning point” of thousands of more shops reopening, retail traffic for June was significantly lower than the same month in 2019. Numbers from the retail experts at Springboard show that traffic throughout British shopping destinations dropped by 56.6 percent in June compared to the same month last […]
August 19, 2019
The opposition U.K. Labour party has announced a plan to let local government reopen closed storefronts that have been unoccupied for at least a year in an attempt to revitalize...
May 24, 2019
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by...
August 25, 2017
British consumers appear to be curbing their spending as the impact of the U.K.’s June 2016 Brexit vote continues to take hold throughout the country. Retail sales in the nation...
