Economy – Page 19
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NewsBad weather drives biggest food price rise in five years
Food prices have surged at the fastest rate in more than five years after poor weather hampered crop production.
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NewsCity snapshot: Retail leaders call for business rates reform
Retail leaders have called on MPs to reform the business rates system which they say is “strangling the high street”, cafe bar group Loungers floats on the AIM and the rest of the news from the city
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NewsDave Lewis slams 'broken' government retail strategy
Lewis called for urgent reform of the Apprenticeship Levy and for an online sales tax
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NewsCity snapshot: Consumer confidence holds steady despite Brexit chaos
UK consumer confidence remained flat in March despite the unprecedented uncertainty surrounding the country’s exit from the EU.
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NewsConsumer spending growth to slow amid Brexit caution
Consumer spending growth is set to slow down as people become more cautious amid political uncertainty, according to financial services giant PwC
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NewsCity Snapshot: Deal activity in 2018 unaffected by Brexit but value sinks
The number of food and drink deals in 2018 stayed in line with previous years despite Brexit concerns, profits slide at Wetherspoons on the back of labour costs and the rest of the news from the City
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NewsRetail footfall drops 2% in February
Retail footfall declined for the 15th consecutive month in February, as it plunged 2% according to new research.
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NewsGrocery sales growth slows amid Brexit caution
Grocery sales grew by 1.9% in the 12 weeks to 24 February as one in ten shoppers admit to stockpiling food in preparation for a possible disorderly Brexit.
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NewsCity snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge
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NewsShop prices rise at highest rate in almost six years
Shop prices in January jumped at the highest rate in almost six years despite post-Christmas discounts, data from the British Retail Consortium (BRC) suggests.
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NewsMedia Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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Comment & OpinionShrinkflation is a long-term trend, not a Brexit side-effect
According to the ONS, there was no significant uplift in cases directly after the EU referendum
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NewsRetail footfall slumps over Christmas
Retail footfall over the Christmas period fell by 2.6% according to the latest BRC-Springboard footfall and vacancies monitor.
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Analysis & FeaturesWhy food and drink faces a volatile, more expensive 2019
With Brexit, the US-China trade war and El Niño in the mix, grocery should brace for a tough year
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NewsCity snapshot: Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017. Plus, BRC Nielsen Shop Price Index finds decelerating food inflation, new CFO at McColl’s and all the rest of the latest news from the City.
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NewsUK consumer confidence at five-year low
UK consumer confidence is at a five-year low, according to the latest GfK index, although people are more confident about making major purchases than a year ago.
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NewsUK inflation hits 20-month low as petrol prices fall
Food inflation slowed significantly as the impact of the weaker pound faded
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NewsHigh street footfall slumps in run up to Christmas
Black Friday failed to arrest a slump in shopper numbers in November according to the latest BRC Springboard Footfall and Vacancies Monitor, with expectations weak footfall will continue into Christmas.
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NewsCity snapshot: UK consumer confidence falls to lowest this year
The UK’s consumer confidence has dropped to its lowest in almost a year, a Liverpool-based cooked meat and sausage producer has collapsed, and the rest of the news from the City
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NewsCity snapshot: Shop price inflation returns amid rising food prices
Food inflation accelerated in November although total shop prices remained almost unchanged since last Christmas. Plus Unilever is reportedly in exclusive talks to finalise a deal for GlaxoSmithKline’s Horlicks.