All Economy articles – Page 44
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Markets rocked by election uncertainty
The pound has dropped in value by almost 2% overnight against the dollar as markets come to terms with the shock UK general election result that has produced a hung parliament.
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General Election 2017: what the analysts say
As the shock of this morning’s General Election result began to sink in, organisations from the food and drink industry have been giving their reaction
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Food and drink industry urges government to act swiftly
FDF and BRC call for clarity and firm leadership in the wake of shock election result
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Asda keeps a lid on prices as inflation eases again
Prices are rising compared with last year, but still remain 2.2% down on a two-year basis
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Theresa May under pressure to resign as UK votes for hung parliament
After a dramatic night, the UK has woken up to a hung parliament this morning, with the Conservatives emerging as the largest party
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Brexit tariffs could trigger recession, warns Musgrave CEO
Chris Martin said a 40% World Trade Organization tariff on the cost of goods would be the worst-case scenario
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Food sales rise against backdrop of declining retail trend
This is the strongest three-month average for food since February 2012
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City snapshot: UK retail like-for-like sales drop on non-food sales fall
UK retail sales fell by 0.4% on a like-for-like basis in May as weak non-food sales dragged down strong food sales growth, according to the BRC KPMG Retail Sales Monitor.
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Food and drink exports rise to highest level on record
The biggest growth came from countries outside the EU
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City snapshot: Mounting inflation drives highest discounter growth since 2015
Mounting food price inflation is driving consumers back into the hands of Lidl and Aldi, according to the latest market share figures
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SNP manifesto warns of Brexit "danger"
The party claimed the decision to quit Europe posed multiple threats to a “world class” food and drink sector
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Conservative Party manifesto: what it means for food & drink
Manifesto focuses on migrant workers, farming support and business rates
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Lib Dems manifesto promises new referendum on EU membership
Tim Farron said voters should not have to put up with “Theresa May and Nigel Farage’s extreme version of Brexit”
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58 food and drink firms named in LSE’s 1000 Companies to Inspire Britain report
A total of 58 food and drinks companies have been named in the London Stock Exchange’s list of 100 Companies to Inspire Britain
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Strong Easter drives like-for-like retail sales up 5.6% in April
UK retail sales grow 5.6% in April boosted by Easter, but BRC warns over longer-term prospects for the sector
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City snapshot: UK retail boosted by Easter sales growth
Food sales increased 2.4% on a like-for-like basis and 3.6% on a total basis in the past 12 weeks boosted by the Easter break, the BRC – KPMG Retail Sales Monitor April 2017 has revealed
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Retailers unite in call for urgent action on business rates
Seven different trade groups have called on the government to commit to “fundamental change” to the system
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Grocery sales growth hits highest level since 2013
The UK grocery market recorded its best three months of sales since September 2013, according to market share figures from Kantar Worldpanel
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City snapshot: Consumer confidence erodes as general election looms
Four of the five measures used in GFK’s consumer confidence index fell in April, further eroding the overall index ahead of June’s snap general election. Plus Tate & Lyle pins recovery hopes on post-Brexit Britain and all the rest of this morning’s news from the City
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UK retail sales slump as inflation bites
UK retail sales volumes slumped by 1.8% compared to February amid rapidly rising prices as quarterly sales volumes fell by their highest amount for seven years..