All Economy articles – Page 28
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NewsCity snapshot: Supermarket prices return to inflation amid new lockdowns and Brexit
Supermarket price inflation escalated to its highest level for five months in December as coronavirus restrictions and the UK’s imminent exit from the EU reversed deflationary trends in grocery.
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NewsOnline drives Christmas grocery sales surge
Supermarket sales grew 8.4% over the festive period with almost £12bn spent at the grocers as online shopping surged during Christmas, according to Nielsen.
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NewsCity snapshot: BRC calls for ‘pragmatic solution’ to border chaos
The BRC has called on the government and the EU to find a “pragmatic solution” to the closure of traffic from France and avoid impacting the supply of Fresh produce to the UK. Plus, FTSE and pound plunge, Bestway Wholesale to buy Costcutter and all the rest of the latest news from the City.
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NewsCity Snapshot: November retail sales fall back on second lockdown
Retail sales fell back in November as shops shut their doors again during the second coronavirus lockdown
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NewsCity snapshot: Falling food prices push inflation back in November
A drop in food and non-alcoholic drinks prices as England went into a second lockdown has contributed to a significant fall in the UK inflation rate in November, according to official figures. Plus, British American Tobacco is ready to test its Covid vaccine on humans.
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NewsSupermarket prices move into deflation ahead of possible Brexit cost shocks
Supermarket prices have fallen back into deflation for the first time in over a year, just as the industry prepares for a potential price shock from the UK’s exit from the EU
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NewsSupermarket prices fall into deflation for first time fourteen months
Supermarket prices have fallen back into deflation for the first time in over a year ahead of EU exit
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NewsCity snapshot: Second lockdown boosts pre-Christmas grocery sales
Grocery sales spiked in November by 13.9% as eating and drinking out of home was restricted by the English national lockdown to boost the industry in the run-up to Christmas.
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Analysis & FeaturesCoronavirus business rates relief: which supermarkets are handing it back?
Here’s the list of supermarkets that have agreed to give it back – and the ones that are staying quiet on the issue
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NewsSupermarkets pay back £2bn in business rates as Tesco move sparks chain reaction
Sainsbury’s and Aldi confirmed today that they would pay their business rates this year
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Comment & OpinionThrough-the-line support is needed for the hospitality sector this at-home Christmas
Hospitality staff should get priority on Covid tests, says David Sables, CEO of Sentinel Management Consultants
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NewsCity Snapshot: Early Christmas shoppers boost October retail sales
Retail sales continued to rise in October despite the second wave of the coronavirus outbreak as early Christmas shoppers looked to beat renewed Covid lockdowns
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Analysis & FeaturesWhat’s going to happen to grocery spend this Christmas?
So are Brits excited for Christmas despite the pandemic? And what is going to happen to grocery spend?
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NewsPrice cuts drive Morrisons in to price deflation in latest Grocer Price Index survey
Morrisons’ latest price cuts have helped the supermarket into annual deflation
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NewsSupermarket price inflation at zero after year of increases
Supermarket inflation fell back to zero in September, bringing an end to a year of rising grocery prices.
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NewsFDF report reveals effect of pandemic on food & drink exports
Year-on-year exports fell by 13.8% to £9.7bn in the first half of 2020
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NewsCity Snapshot: Shop prices continue to fall as food inflation eases
Shop prices fell by 1.6% in September as retailers cut prices to encourage spending and food price inflation continues to ease. Plus, trading at Compass Group improves as establishments reopen and all the rest of the latest news from the City.
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NewsMedia Bites 25 September: Coronavirus, Morrisons, Pets at Home,
The government will cover almost a quarter of pay for workers in “viable” jobs for the next six months
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NewsCoronavirus curfew plans ‘crushing blow’ to sector, say hospitality bosses
Boris Johnson is today set to announce moves to order pubs and other hospitality venues to close at 10pm
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NewsMedia Bites 22 September: Coronavirus, Unilever, Aldi/Lidl
Global stock markets fell heavily into the red as concern grew that a second wave of lockdowns is on the way