All Economy articles – Page 24
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NewsCity snapshot: UK retail sales slow in August despite rising prices
UK retail sales growth slowed in August, with a small rise in sales making a much larger drop in volumes due to soaring inflation.
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Comment & OpinionHow will Liz Truss’s understanding of food and farming inform her premiership?
A better guide to Truss as PM is what she learned as Treasury chief secretary and did at the Department of International Trade, says former FDF boss Ian Wright
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Comment & OpinionHow should supermarkets respond to inflation-driven behaviour changes?
Analysts warn inflation could soon hit 18%
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NewsCity snapshot: Soaring energy prices push retail SMEs close to collapse
Soaring energy costs are wider inflation are pushing consumer SMEs such as cafes, restaurants and shops to the brink of collapse, the Federation of Small Businesses has warned
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NewsCity snapshot: Online boosts UK retail sales in July
UK retail sales nudged upwards in July as growth in online retail boosted overall sales volumes. Plus, Just Eat Takeaway.com sells €1.8bn stake in Brazil’s iFood and consumer confidence hits record lows.
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Analysis & FeaturesAs donations take a hit, can food banks prevent a winter disaster?
Decreased donations from retailers, who in turn face supply chain issues, have created a shortage of food for charity just as household bills rocket
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Comment & OpinionGlobal brewers ride on-trade rebound but second half looks tougher
Business is booming for the world’s largest brewers – but the real tests for the post-Covid health of the industry are yet to come
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NewsAsda rolls out its Rewards loyalty scheme nationwide
More than a million customers have already signed up to the scheme, says the supermarket
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NewsCity snapshot: Grocery inflation hits new high of 11.6% to lift supermarket sales
Supermarket sales rose by their highest level for over a year in the most recent 12-week period as a new inflationary high boosted sector revenues
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Comment & OpinionLondon listing could enable Cooks to make the most of a tough time for coffee
Cooks’ estate allows it to capitalise on hybrid working patterns in the UK and Ireland
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NewsRapid grocer Getir promotion ‘rolling back prices to the 1990s’
The quick commerce brand says that as well as offering affordable prices, the promotion will remind customers of ‘the good old days’
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Comment & OpinionWhat does the Truss red tape ‘bonfire’ mean for the food industry?
HFSS rules might be on the pile, but a new database could represent one of the biggest pieces of industry regulation yet
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NewsCity snapshot: Inflation drives July retail sales growth, but volumes fall
UK retail sales increased 2.3% in July on a total basis, according to the BRC-KPM Retail Sales Monitor, though sharply rising prices masked a drop in sales volumes. Plus acquisitions from Coca-Cola HBC and Supreme and Barclaycard spending data.
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NewsGlobal giants raise growth targets as prices keep rising
Unilever, Danone, Reckitt Benckiser and Nestlé were among those to report higher-than-expected quarterly sales figures this week
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NewsCity Snapshot: UK retail sales fall as shop price inflation nears 10%
UK retail sales fell back again in June, falling 0.1% month-on-month as consumers bought fewer items at higher prices, according to the Office of National Statistics
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NewsTrust in supermarket food down as consumers link cheaper choices with lower quality, survey finds
Only 58% of consumers trust the safety and quality of supermarket food, down from 78% a year ago, according to a survey by Red Tractor
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NewsCity snapshot: Supermarket sales return to growth amid soaring inflation
Grocery sales returned to modest growth over the past 12 weeks for the first time in more than a year as inflation soared to almost 10%
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NewsRising costs trigger surge in profit warnings in first half of 2022
A record number of grocery stocks issues profits warnings in the first half of 2022 as spiralling costs squeezed margins and consumers tightened purse strings.
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Analysis & FeaturesWhat the ‘zombie government’ means for flagship policies on food
With a leadership race so far focused on tax cuts, what does the ‘zombie government’ mean for flagship policies on food?
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NewsCity snapshot: Retail sales fall by levels ‘not seen since the pandemic’
UK retail sales volumes fell back in June at a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending.