Annual global retail study: EC Harris
- The UK has surpassed Germany as the least difficult market for retailers to expand into while emerging economies in the East remain some of the most difficult in the world.
- The annual Index ranks 40 important international retail markets according to five factors that have a major impact on successful retail expansion, including: quality of infrastructure, capability of the construction supply chain, legal framework, quality of project delivery and business environment.
- Whilst many of the top ranking countries are those with established markets, strong infrastructure and a well-developed consumer base, those that rank lower include developing BRIC nations such as Russia and India, and Egypt where recent political unrest has impacted its accessibility and desirability as a market for retail expansion.
Volume of European retail trade, August 2013: Eurostat
- In August 2013 compared with July 2013, the seasonally adjusted volume of retail trade increased by 0.7% in the euro area (EA17) and by 0.4% in the EU28
- In July retail trade gained 0.5% in both zones.
- In August 2013 compared with August 2012 , the retail sales index fell by 0.3% in the euro area and rose by 0.3% in the EU28
European unemployment, August 2013: Eurostat
- The euro area (EA17) seasonally-adjusted unemployment rate was 12.0% in August 2013, stable compared with July.
- The EU28 unemployment rate was 10.9%, also stable compared with July .
- In both zones, rates have risen compared with August 2012, when they were 11.5% and 10.6% respectively.
- In August 2013, 26.595 million men and women were unemployed in the EU28, of whom 19.178 million were in the euro area.
- Compared with July 2013, the number of persons unemployed remained nearly stable in both the EU28 and the euro area.
- Compared with August 2012, unemployment rose by 882 000 in the EU28 and by 895 000 in the euro area.
Euro area annual inflation, September 2013: Eurostat
- Euro area annual inflation is expected to be 1.1% in September 2013, down from 1.3% in August,
- Food, alcohol & tobacco is expected to have the highest annual rate in September (2.6%, compared with 3.2% in August), followed by services (1.5%, compared with 1.4% in August), non-energy industrial goods (0.3%, compared with 0.4% in August), and energy (-0.9%, compared with -0.3% in August).
UK Business: Activity Size and Location, 2013: ONS
- The number of VAT and /or PAYE businesses is estimated to have risen by 18,000 (0.9%) between March 2012 and March 2013.
- Companies and public corporations represent 64% of total businesses.
- The largest industry group is professional, scientific and technical with 16.9% of all registered businesses.
- London has the largest number of VAT and/or PAYE based enterprises with 17.2% of the UK total.
- The number of businesses rose over the last couple of years, following a decline since 2008