All Economy articles – Page 35
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NewsCity snapshot: Grocery sales fall for the first time in three years
Grocery sales have fallen back for the first time in three years as last year’s record early summer temperatures hit year-on-year comparisons. Plus, first half profits plunge at McColl’s, Fever-Tree first half sales rise 13% and all the rest of the latest news from the City.
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NewsCity snapshot: UK Consumer confidence remains low in second quarter
UK consumer confidence has remained unchanged in the second quarter of the year as strong earnings and jobs data failed to offset the uncertainty of a no-deal Brexit.
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NewsUK retail sales rise in June according to official figures
The latest ONS figures paint a brighter picture for UK retailer with retail sales improving both on a monthly and annual basis
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NewsCity snapshot: Retail footfall slumps in June as high street woes continue
Retail footfall slumped in June as poor weather and Brexit uncertainty continued to bash the struggling UK high streets. Plus, new FD for Real Good Food, Sports Direct delays results and all the rest of the latest news from the City.
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NewsGove warns of ‘significant’ no-deal Brexit challenges for food & drink sector
Defra Secretary of State Michael Gove said a no-deal will put a strain of the UK food & drinks manufacturing sector.
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NewsUK retail sales suffer ‘worst June on record’ as summer fails to shine
UK retail sales fell 1.3% as bad weather and Brexit uncertainty halted consumer spending.
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NewsSupermarket prices flat but signs of return to inflation
Supermarket prices have stayed flat year on year, but there are signs food price inflation could be creeping back into the market after close to a year of stagnant prices.
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NewsCity snapshot: Supermarket prices flat but only Asda remains in deflation
Supermarket prices have stayed flat year on year, but there are signs food price inflation could be creeping back into the market after close to a year of stagnant prices. Plus all the rest of the latest news from the City.
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NewsCity snapshot: UK growth stalls amid stagnant economy and Brexit uncertainty
UK economic conditions remained stagnant in the second quarter of the year amid a fall in manufacturing output and the impact of ‘relentless Brexit uncertainty’, according to the British Chambers of Commerce.
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NewsCity snapshot: UK consumer confidence continues to fall in June
UK consumer confidence fell back once more in June, with all five measures of GfK’s consumer confidence index falling back and pointing to a ’turbulent’ summer.
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NewsWet weather washes out grocery sales growth
The wet start to the summer compared with last year’s heatwave and the run up to the men’s FIFA World Cup limited grocery market growth, according to the latest grocery market share data.
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NewsUK retail sales dip in May as rain dampens growth
UK retailers saw sales fall back last month as April’s record-breaking temperatures gave way to wetter weather in May.
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NewsCity snapshot: Online and discounters to drive 12.5% UK grocery market growth by 2025
The UK grocery industry is set to grow by £24.1bn by 2024 driven by surging online and discounter sales according to a report from IGD. Plus all the rest of the latest news from the City.
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NewsCity snapshot: Brexit stockpiling to hit future UK economic growth
The British Chambers of Commerce has released its latest economic forecast, upgrading its growth expectations for the UK in 2019 but downgraded forecasts in 2020 and 2021. Plus, Tesco hosts capital markets day and all the rest of the latest news from the City.
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NewsBusiness rates reform bill ‘not drastic enough’ warn experts
A number of Conservative leadership hopefuls have pledged to scrap business rates for high street SMEs
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NewsCity snapshot: Supermarket prices back on the rise as global food prices climb
Supermarket prices are edging back into inflation – as the UN warns global food prices have risen for a fifth consecutive month. Plus, Britain’s high streets suffered a the worst May on record, AG Barr makes non-alcoholic spirits investment and all the rest of the latest news from the City.
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NewsScotch whisky sales surge drives record food and drink exports
Over 300 million 70cl bottles of scotch whisky have been exported between January and March 2019
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NewsRetail suffers worst sales performance since 1995
Retail sales have suffered their worst month in nearly a quarter of a century, the latest data from the British Retail Consortium and KPMG has revealed.
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NewsCity snapshot: UK consumer confidence edges up in May
UK consumer confidence rebounded in Many according to GfK’s consumer confidence Index, but confidence in the country’s overall UK economic situation remains significantly lower year-on-year.
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NewsCooler spring weather hampers grocery sales growth
The latest grocery market share figures show supermarket sales growth has slumped in recent weeks to due the cooler temperatures compared to last year’s sunny spring weather.