Economy – Page 14
-
NewsUK retail sales continue to recover but city centres remain ‘devastated’
Retail sales continued to recover in August, but remain well down on an annual basis as the country recovers from lockdown.
-
NewsCity Snapshot: Empty offices leave retail locations deserted
UK footfall remained 34.8% down year-on-year in August despite the reopening of shops and the ending of lockdown as empty offices mean footfall is not returning to towns and city centres.
-
NewsCity snapshot: UK food and drink recovers ahead of global Covid recovery trend
The UK’s food and beverage sector was ahead of international Covid-19 recovery trends in July, according to a newly launched Lloyds Bank UK Recovery Tracker
-
NewsCity snapshot: UK retail sales rise back above pre-pandemic levels
UK retail sales rose back above the levels seen before the coronavirus pandemic in July as consumer demand continues to rebound, according to official government figures
-
NewsCity snapshot: Shock jump in inflation as petrol and clothing prices rise
Prices have risen faster than expected in July as lockdown restrictions were relaxed and consumers returned to the shops.
-
NewsSupermarket sales growth eases as stockpiling subsides
Take-home grocery sales growth slowed to 14.4% year on year during the 12 weeks to 9 August 2020
-
NewsSuppliers squeezed as HMRC moves to claw back tax owed
Food manufacturers are being squeezed by the government as HMRC withholds VAT refunds to claw back tax owed, putting thousands of jobs at risk
-
Comment & OpinionHow CCEP is playing a positive role as part of the Covid-19 Business Pledge
Collaboration is the most powerful tool we have, says Leendert den Hollander, GB general manager at Coca-Cola European Partners
-
NewsCity snapshot: Footfall slowly returning to Britain’s shops and centres
Shoppers are slowly making their way back to the high street as pubs, cafes and restaurants reopen
-
NewsRetail sales bounce back to pre-lockdown levels
UK retail sales grew 13.9% in June compared to the previous month, with sales now back up to pre-lockdown levels driven by strong food sales growth.
-
NewsCity snapshot: Grocery sales growth begins to slow from record highs
Take-home grocery sales rose by their highest level since 1994 over the past 12-weeks, however grocery sales growth began to slow last month as shoppers gradually return to their pre-lockdown behaviours.
-
NewsCoronavirus recovery plan launched for food & drink sector
The report is aimed at governments and policymakers in Westminster, Cardiff, Holyrood and Stormont
-
NewsRetail footfall slumps 57% in June despite reopening ‘spike’
Retail footfall remained at historic lows in June, but it experienced ‘signficant’ improvement after the ‘turning point’ of the reopening of non-essential retail stores in mid-June.
-
NewsCity snapshot: Supermarket inflation falls back in June to 0.9%
Supermarket inflation fell back in June as the return of promotions and the threat of a price war took the sting out of pandemic-driven price hikes.
-
NewsMedia Bites 9 July: Mini budget, Uber Eats/Asda, Kbox
Sunak unveils £30bn economic package in the Summer “Mini Budget”, Uber Eats teams up with Adsa for grocery deliveries and Deliveroo backer Hoxton Venutures invests in Kbox
-
NewsUK footfall recovery remains sluggish despite lockdown easing
UK footfall recovered slightly in the third week of shops reopening in England and Northern Ireland, but were still down almost 50% year on year
-
NewsCity Snapshot: Chancellor mulls new coronavirus measures as EU relaxes state aid rules
The Treasury is looking into making accessing coronavirus support loans easier for businesses
-
NewsCity snapshot: June retail sales show modest recovery to highest level since February
June retail sales achieved their best result since February, despite dropping by more than 14%
-
NewsFood price inflation hits its highest level since June 2012
The highest food price inflation for eight years helped drive sales growth in the UK grocery industry back up again last month, data shows.
-
NewsUK retail footfall sees soft rebound in first week of reopening
New data from the BRC-Shoppertrack footfall monitor covering the week to June 21 showed footfall was down 57.2% year on year