September 21, 2011

Nationwide: UK consumer confidence sinks to 4-month low

by Kay Mitchell

The latest survey from the Nationwide Building Society has revealed a fall in UK consumer confidence for the month of August. The building society’s consumer confidence index lost 1 point to a level of 48 last month – the third consecutive monthly fall. The index still remains way below the average of 81. Commenting on […]

September 15, 2011

ONS: UK retail sales fall 0.2% in August

by Kay Mitchell

The Office for National Statistics (ONS) has today revealed UK retail sales fell by 0.2% in August after riots earlier in the month affected trade. The fall followed slower growth in the previous two months after sales rose just 0.2% in July and 0.8% in June. In the meantime, food sales were also down – […]

September 9, 2011

Sainsbury’s supports SMEs with riot funding decision

by Jan Harris

Sainsbury’s has decided not to claim compensation under the Riot (Damages) Act, in order to leave more in the pot for small businesses affected by last month’s riots. The retailer suffered around £1m of damage to its stores during the riots that swept across cities in England in August. All businesses affected by the riots […]

September 2, 2011

Only 20 firms apply for £4m riot fund

by Jan Harris

The High Street Fund, which was set up to help firms damaged during last month’s riots, has received only 20 applications. The fund, which has now reached £4 million, was set up by London mayor Boris Johnson and a coalition of businesses including Barclays, BP, Capita, Deloitte, Lloyds Banking Group, RBS and Santander. It offers […]

August 10, 2011

Police arrest rioters for Facebook messages

by Jan Harris

Police are acting swiftly against the use of Facebook to post invitations to riot, during the violent protests that have swept across the UK since Saturday. Two youths in Glasgow have been arrested after posting messages on Facebook on Monday which allegedly incited others to commit acts of disorder. One of the youths is believed […]

August 9, 2011

Riots prompt FSB to demand increased protection for SMEs

by Jan Harris

The Federation of Small Businesses (FSB) issued a statement following last night’s riots caused chaos in cities across the UK. Violence flared in several parts of the capital, as well as in Birmingham, Liverpool, Bristol and Nottingham. Chairman of the FSB, John Walker, said: “The violence and looting that spread across London, and other cities, […]