All Economy articles – Page 33
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NewsRetail sales slump in the run-up to Christmas
UK retail sales fell back 0.6% in November, amid a continued slump in non-food sales.
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NewsUK inflation remains at three-year low despite rising food and drink prices
Rising food and drink prices failed to shift the UK’s overall measure of inflationary growth from a three-year low of 1.5% in November.
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NewsTory victory: food and drink industry reacts to general election result
Key industry observers have been sharing their initial reactions to the result and offering predictions for the weeks and months ahead
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NewsGeneral election: analysts react as supermarkets and UK consumer stocks are bolstered by decisive result
Analysts and City commentators on the implications of Boris Johnson’s landslide victory and what the result means for consumer stocks, the pound and UK plc
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NewsCity snapshot: Pound surges as Conservative Party wins general election
The pound rose over 3% as the Conservative party secured a landslide victory in the election
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NewsCity snapshot: Black Friday fails to boost lacklustre grocery sales
Black Friday failed to boost lacklustre sales across the grocery industry as the latest market share figures from Kantar show grocery sales growth slowing to 0.5% for the 12 weeks to 1 December. Plus, Just Eat rejects new Prosus bid, McColl’s profits below expectations, new CFO for Premier Foods and all the rest of the latest news from the City.
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NewsCity snapshot: UK retail sales pick up in November amid Brexit respite
On a total basis, adjusted for the later timing of Black Friday, sales rose 0.9% in the four weeks to 23 November
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsCity snapshot: Top UK restaurant groups sink deep into the red
The biggest 100 UK restaurant groups have seen profits drop in the past 12 months as they suffered from higher overheads and plunging sales
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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Comment & OpinionWhat Q3 results tell us about the state of consumer staples companies
Premium categories are continuing to drive most of the growth in the sector, says Barclays’ Warren Ackerman
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NewsCity snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsBusiness rates system ‘unacceptable’ Treasury Select Committee concludes
Today’s report was dismissive of previous attempts to soften the blow of rates on retailers
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NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
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Analysis & FeaturesWhat do new US tariffs really mean for the scotch trade?
Just how damaging for the sector will Trump’s new 25% tariffs be?
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NewsSupermarket prices fall back in September
Supermarket prices edged back into deflation last month for the first time since April, according to the latest Grocer Price Index.
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NewsCity snapshot: Consumer confidence dented by Brexit uncertainty
Brexit uncertainty and a slowdown in the jobs market hit consumer and business confidence in the third quarter, with a further drop in confidence and slowdown in consumer spending tipped for next year.
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NewsCity snapshot: Early autumn grocery growth rebounds
Sales across the grocery industry rose 1.3% during the past 12 weeks as the industry emerged from the shadow of tough summer 2018 comparisons. Plus, Marston’s issues profits warning on weak food sales and all the rest of the latest news from the City.
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NewsCity snapshot: UK retail footfall continues to plunge
Retail footfall has dropped once more in September as consumer caution ahead of Brexit increased.