Brexit Briefing: The Impact

on the UK Retail Market

The Impact on the UK Retail Market
The Impact on the UK Retail Market

21 July 2016, by Marie Hickey

Confidence is everything

Summary

■ The impact of the Brexit vote on the retail market is yet to be felt. The coming months will provide greater insight into how the British consumer has, and is, reacting and what this means for the occupational markets.

■ Consumer research suggests confidence has dipped, but its decline post-Brexit vote could be a 'knee-jerk' reaction rather than reflecting a longer term retrenchment of confidence.

 

■ It is too early to identify any clear trends in occupational demand but to-date there has at least been no negative reaction albeit some smaller retailers are adopting a certain degree of caution.

■ There is considerable speculation in the investment market and impact on pricing. How this plays out will be subject to how the Brexit vote impacts on consumer spending and in turn occupational demand.

Articles from 'Brexit Briefing: The Impact on the UK Retail Market

The Impact on the UK Retail Market

Retailer activity has been largely unaffected to date

 
 

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Key contacts

Marie Hickey

Marie Hickey

Director
Commercial Research

Savills Margaret Street

+44 (0) 20 3320 8288

 

James Gulliford

James Gulliford

Joint Head of UK
Investment

Savills Margaret Street

+44 (0) 207 409 8711

 

Sean Gillies

Sean Gillies

Executive Director
Retail

Savills Margaret Street

+44 (0) 207 409 8159