All Economy articles – Page 37
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NewsShop prices rise at highest rate in almost six years
Shop prices in January jumped at the highest rate in almost six years despite post-Christmas discounts, data from the British Retail Consortium (BRC) suggests.
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NewsMedia Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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Comment & OpinionShrinkflation is a long-term trend, not a Brexit side-effect
According to the ONS, there was no significant uplift in cases directly after the EU referendum
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NewsRetail footfall slumps over Christmas
Retail footfall over the Christmas period fell by 2.6% according to the latest BRC-Springboard footfall and vacancies monitor.
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Analysis & FeaturesWhy food and drink faces a volatile, more expensive 2019
With Brexit, the US-China trade war and El Niño in the mix, grocery should brace for a tough year
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NewsCheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017.
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NewsCity snapshot: Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017. Plus, BRC Nielsen Shop Price Index finds decelerating food inflation, new CFO at McColl’s and all the rest of the latest news from the City.
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NewsUK consumer confidence at five-year low
UK consumer confidence is at a five-year low, according to the latest GfK index, although people are more confident about making major purchases than a year ago.
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NewsUK inflation hits 20-month low as petrol prices fall
Food inflation slowed significantly as the impact of the weaker pound faded
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NewsHigh street footfall slumps in run up to Christmas
Black Friday failed to arrest a slump in shopper numbers in November according to the latest BRC Springboard Footfall and Vacancies Monitor, with expectations weak footfall will continue into Christmas.
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NewsCity snapshot: UK consumer confidence falls to lowest this year
The UK’s consumer confidence has dropped to its lowest in almost a year, a Liverpool-based cooked meat and sausage producer has collapsed, and the rest of the news from the City
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NewsSuppliers set for tougher competition, regardless of Brexit outcome: Lord Price
Speaking at the NFU’s annual Henry Plumb lecture, Lord Price added the age of austerity would likely continue for some time yet
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NewsCity snapshot: Shop price inflation returns amid rising food prices
Food inflation accelerated in November although total shop prices remained almost unchanged since last Christmas. Plus Unilever is reportedly in exclusive talks to finalise a deal for GlaxoSmithKline’s Horlicks.
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NewsGrocery spending slows down in October
Grocery shoppers spent less in October 2018 compared to the same time last year, according to newly released grocery market share data from Nielsen and Kantar Worldpanel.
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NewsDeflation hits supermarket prices for first time in two years
The Grocer Price Index has found that supermarket prices are back in deflation for the first time in almost two years.
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Analysis & FeaturesFood and drink winners and losers in the 'giveaway' Budget
There were changes to business rates, online taxation, the national living wage and duty
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NewsSingle-use plastic tax 'nightmare' timing for food and drink
Chancellor Philip Hammond has announced plans for a new tax on plastic packaging that isn’t 30% recycled
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Comment & OpinionChancellor’s Budget plonks wine trade right in it
Freezing duty for beer, (most) cider and spirits but not wine is hugely unfair and deeply damaging
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NewsCity snapshot: Chancellor to announce High Street rates relief
The Chancellor is set to attempt to ease the pressure high street retailers by cutting business rates bills by a third for almost half a million small high street shops, Patisserie Valerie is the centre of takeover bid and the rest of the City news
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Analysis & FeaturesCan the food & drink supply chain cope with rising costs?
Currency swings, supply shortages, mergers and Brexit are escalating commodity volatility