Figures from Barclaycard reveal consumer spending in August reached a 13-month high of 4.2%, as warmer weather prompted shoppers to splash out on clothes and entertainment. It conflicts with BRC data however, which showed that consumers cut back on spending. So which to believe? Paul Lockstone, Managing Director at Barclaycard, offered his views.
This month, Scottish wind farms have received a record £5.5 million to shut down. It’s after hurricane-force gusts produced more electricity than could be consumed. August 7th saw winds blowing as high as 115 miles an hour, while demand for power fell to record lows. But Renewable UK’s Deputy Chief Executive, Maf Smith, told Share Radio's James Brydges that wind farms turning off was actually the least expensive solution.
Retail sales volumes have declined more rapidly in July than at any time in the last four years, according to a survey by the CBI. The British Retail Consortium said jobs were being shed in the months leading up to the referendum. To analyse the findings of the survey, Richard Perks, Retail Analyst at Mintel, joined Nigel Cassidy and Paul Sedgwick.
Clare Rayner, The Retail Champion and Founder of The Future High Street Summit, discusses the event, which embraces the belief that the high street is evolving. It’s returning for a third year, and Clare talks about the agenda and if the high street can compete with the likes of Amazon.
Chris Bishop, Managing Editor of Forbes Africa, joins Sarah Lowther and Chris Bailey from Johannesburg to discuss the start of the two-day African Energy Indaba. It's a regional event, but how much of these two days will be dominated by the global agenda?