Primark cuts sales outlook after UK struggles

Fashion retailer blames weather and ‘cautious’ consumer sentiment

Topics

UK employers cut jobs after Budget, official data shows

Drop in payrolled workforce comes even as wage growth accelerates
Financial Times - 2d
Rahm misses cut, McIlroy struggles in Dubai

Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic.
ESPN - 5d
IMF warns on Trump's plans but upgrades UK outlook

Trump's policies could benefit the US, but not the rest of the world, the IMF says
BBC News - 5d
Nordstrom raises sales outlook after holiday season was better than feared

CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."
CNBC - Jan. 11
Whitehall braced for spending cuts after UK hit by bond market turmoil

Rising gilt yields mean government departments may face further squeeze
Financial Times - Jan. 10
M&S Christmas cheer hit by uncertain outlook for UK

Festive food sales jumped but the retailer is concerned about the British economy.
BBC News - Jan. 9
Struggling German carmaker VW reports sales drop for 2024

Yahoo News - Jan. 9
What economists say about the UK’s outlook for 2025

Below are full responses to the FT’s annual survey about the British economy
Financial Times - Jan. 2
Brompton profits almost wiped out after lower UK and Europe sales

British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000
Financial Times - Jan. 2