All Economy articles – Page 40
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NewsGovernment drops plan to scrap copper coins
Newspapers raised concerns about the impact on charities and the elderly
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NewsCity snapshot: Retail footfall falls again in February
Retail footfall declined by 0.5% in February according to the latest BRC – Springboard footfall and vacancies monitor, though this latest decline marked an improvement on recent falls in shopper numbers. Plus, consumer spending made its weakest start to the year since 2012 and all the rest of the latest news from the City.
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NewsCity snapshot: Inflation gap between Tesco and rivals expands
The inflationary gap between Tesco and its big four rivals has reached a new high even as inflation across the big four supermarkets flattens. Conviviality shares hammered after shock profits warning, Yeo Valley profits hit by rising milk prices and all the rest of the latest news from the City.
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NewsCity snapshot: Strong February propels grocery sales up by 3.2%
Grocery sales jumped by by 3.2% in the 12 weeks up to February 25, according to the latest grocery market share results from Kantar Worldpanel. Plus market share figures from Nielsen, sales surge at Just Eat but shares hit by surprise loss, PureCircle returns to growth and all the rest of the latest news from the City.
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NewsFood growth drives 0.6% monthly increase in retail sales
Retail sales were up 0.6% in February, according to the BRC/KPMG Retail Sales Monitor, with strong food sales wholly responsible for overall growth.
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NewsEasing food price inflation deepens overall retail deflation
Shop prices have eased in February, according to the latest British Retail Consortium and Nielsen Shop Price Index, as deflation increased to 0.8% amid easing food price inflation.
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NewsConsumer spending power still on the wane, according to Asda
Average spending power fell again in January to extend the squeeze on household incomes, according to the latest Asda Income Tracker.
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NewsOver a third of SMEs think high street cryptocurrency is coming
Some 46% of small firms questioned already accept “alternative” currencies, with 27% involved in schemes
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NewsFood price inflation sees January volume sales fall
Volume growth for food fell for the sixth month in a row
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NewsSpending per food-to-go occasion in decline, MCA finds
MCA advocated more meal deals and emphasised the importance of loyalty schemes
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NewsUK food & drink exports hit record highs in 2017, says Defra
The figures, presented by Defra as a ‘Brexit boost’ were up by more than £2bn in real terms on 2016, it said…
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NewsTesco continues to prop up overall inflation in grocery
Tesco recorded its highest level of price inflation for over five years last month
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NewsEx-MoD spin doctor Stephen Bethel to head BRC corporate affairs
Bethel will lead the BRC’s communications and political engagement team with its three priority campaigns…
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NewsIrish food and drink exports rise 13% to hit record high
The UK remained Ireland’s key export market, accounting for 35% of total exports
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NewsMarket share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
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Comment & OpinionPredictions for 2018: sugar, veganism & food price inflation
We’ve loads of predictions this week. But before I offer a few of my own, I have a confession
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NewsUK inflation rises to highest level since 2012
The UK Consumer Prices Index has risen to 3.1% in November – its highest level since March 2012.
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NewsUrgent clarity needed over post-Brexit transition period, warns FDF
Food and drink businesses could start scaling down UK operations next year unless the government confirms there will be a post-Brexit transition period, it suggested
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NewsCity snapshot: Highest inflation since 2013 drives 12-week grocery sales up 3.1%
Grocery sales for the 12 weeks to 3 December rose by 3.1%, according to the latest market share figures from Kantar Worldpanel
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NewsSuper-strength cider tax hike is punitive, claim cidermakers
Philip Hammond said the tax crackdown would target “excessive alcohol consumption by the most vulnerable people”