All Economy articles – Page 25
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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.
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Analysis & FeaturesShare price slump: who has struggled the most in food and drink?
It’s been a turbulent six months on the Stock Exchange. So who’s struggled the most? Who’s least affected? And is there any stock actually still growing?
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NewsCity snapshot: UK retail sales growth slows amid soaring inflation
UK retail sales growth slowed again in June continuing a three month downward trend as soaring inflation and falling real wages impact consumers stifles retail spending
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NewsCity snapshot: Jubilee boosts June footfall but cost of living crisis hits shopper activity
Footfall strengthened for the third consecutive month in June, according to Springboard, but the figures were boosted by the Jubilee and underlying trends point the impact of inflation on shopper behaviour.
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NewsCity snapshot: European fmcg prices jump 6.9% amid soaring inflation
Fast moving consumer goods prices have increased 6.9% year-on-year across Europe, with fmcg inflation in the UK even higher at 7.5%
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NewsCity snapshot: Jubilee celebrations boost grocery sales but inflation hits volumes
Total Till grocery sales at UK supermarkets continued to improve in June, but sales volumes decreased despite the overall increase due to inflation and the rising cost of living
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NewsCity snapshot: UK retail sales fall as consumers cut back on groceries
Retail sales volumes fell back in May following a brief uptick in April as lower grocery sales hit overall sales volumes
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NewsCity snapshot: Supermarket sales show recovery amid soaring inflation
Supermarket sales fell by 1.9% over the past 12 weeks, despite inflation soaring to its highest level since 2009. Plus Ocado raises £578m from new share placing.
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NewsCity snapshot: Inflation to drive double-digit grocery growth by 2027
The UK grocery market is set for double-digit growth over the next five years, largely driven by inflation.
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NewsCity snapshot: Retail sales slide amid soaring prices and drop in major purchases
UK retail sales fell back 1.1% in May as the cost-of-living crunch blunted consumer demand and consumers shunned higher value items
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Comment & OpinionJubilee weekend was a boost for high streets. But can it last as budgets are squeezed?
BRC data showed total UK footfall for the jubilee weekend rose by 6.9% compared to the average for May 2022
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NewsCity snapshot: UK retail sales rebound in April on grocery growth
UK retail sales recording a surprise bounce in April, growing 1.4% as higher spending on fuel, alcohol and tobacco booster overall figures
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NewsUK food and drink exports show patchy signs of recovery
Exports of food and drink from Scotland, Wales and north east England have enjoyed a strong recovery according to new figures from the Food & Drink Federation, but the picture is mixed
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NewsTesco chairman calls for windfall tax on energy firms to help cost of living crisis
Allan told the BBC Today programme Tesco customers were among those whose behaviour was showing the extent of the financial hardship
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NewsCity snapshot: Rising cost of living puts brakes on retail spending
The rising cost of living has “crushed” consumer confidence and put the brakes on consumer spending, according to the latest figures from the BRC-KPMG Retail Sales Monitor
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NewsCity snapshot: April supermarket sales continue to slow as shoppers rebalance basket spend
UK supermarket sales fell 1.8% over the four weeks to 23 April, according to NielsenIQ, albeit spending during the Easter period helped lift sales from the 4.1% slump seen in March
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NewsCity snapshot: Grocery sales plunge as inflation hits 11-year high
Supermarket sales plunged by 5.9% in the 12 weeks to 17 April, according to the latest market share data from Kantar, as consumers prioritised value amid soaring inflation
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NewsCity Snapshot: Consumer confidence plunges rapidly in face of soaring prices
Rampant inflation has sparked a record decline in consumer confidence, with the pent-up demand in discretionary spending disappearing as the cost of living soars, according to a new survey.
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NewsCity snapshot: Grocery sales fall back amid soaring inflation
Take home grocery sales have slumped by 6.3% in the 12 weeks to 20 March as inflation hit its highest level for a decade, according to the latest market share data from Kantar. Plus AG Barr bounces back to top pre-pandemic results and all the rest of the latest news from the City.
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NewsCity snapshot: Investors call on Sainsbury’s to pay living wage
An investor coalition managing £2.2trn in funds has filed a shareholder resolution to demand Sainsbury’s to pay a living wage to all its workers. Plus, Heineken to pull out of Russia and take €400m writedown and all the rest of the latest news from the City.