United Kingdom Retail Report - Business Monitor International - Industry Reports

United Kingdom Retail Report

United Kingdom Retail Report - Business Monitor International - Industry Reports
United Kingdom Retail Report
Published Jul 23, 2016
65 pages — Published Jul 23, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

� Business Monitor International Ltd Page - previous scenario of USD-.--trn in ---- and is being driven by lower demand and the fall of the pound against the US dollar. We highlight furnishing and home spending and restaurants and hotels spending as likely to be most negatively affected by the Brexit decision. ...This will put additional strain on retailers as they navigate an uncertain labour market, with EU nationals accounting for large portions of the workforce. Brexit offers opportunities for retailers of staple goods such as food and tobacco, as well as those operating in the luxury space, as a weaker pound will bring in higher demand from international buyers. Of total UK retail spending, housing and utilities will account for the largest share, at --.- in ----, rising to --.- in ----. The second largest will be transport, falling slightly from --.- in ---- to --.- in ----. The number of households in the UK will rise slightly over the next few years, from --.-mn in ---- to --.-mn in ----, while net income per household will rise from GBP--,--- to GBP--,---.

...BMI View: The landmark referendum decision to exit the EU has led to a re-assessment of our household spending forecasts over the next five years. We have downgraded our forecasts for the --------- period and now expect growth in household spending in sterling terms of -.- in ----, down from -.- under our old forecast. ...BMI View: The landmark referendum decision to exit the EU has led to a re-assessment of our household spending forecasts over the next five years. We have downgraded our forecasts for the --------- period and now expect growth in household spending in sterling terms of -.- in ----, down from -.- under our old forecast. The uncertain economic outlook, labour market risk and declining consumer confidence will all weigh on our household spending forecast for ---- and beyond. ...

...Our core scenario envisions total household spending rising from USD-,---bn at the end of ---- to USD-,---bn in ----, a significant downgrade from our original USD-,---bn forecast for ----. This is largely driven by the depreciation of the pound against the US dollar; in local currency terms, we see a smaller drop-off in demand, from average growth of -.- a year, to -.- . ...Our core scenario envisions total household spending rising from USD-,---bn at the end of ---- to USD-,---bn in ----, a significant downgrade from our original USD-,---bn forecast for ----. This is largely driven by the depreciation of the pound against the US dollar; in local currency terms, we see a smaller drop-off in demand, from average growth of -.- a year, to -.- . Under a scenario of more heightened downside than in our core scenario, we would expect a decline in total household spending in both dollar and sterling terms in ----, failing to recover to ---- levels over ...

  
Source:
Document ID
2058-6450
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "United Kingdom Retail Report" Jul 23, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-Kingdom-Retail-Report-2026-1687>
  
APA:
Business Monitor International - Industry Reports. (2016). United Kingdom Retail Report Jul 23, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/United-Kingdom-Retail-Report-2026-1687>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.