All Economy articles – Page 46
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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
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NewsCity snapshot: Grocery sales cool off after record summer
Grocery sales have cooled off following record summer growth, as shoppers tightened their purse-strings ahead of the expensive Christmas season, British American Tobacco warn that earnings will fall 7%, and the rest of the news from the City
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NewsCity Snapshot: Supermarket price inflation slides to 0.1%
Price rises triggered by the post-Brexit fall in the pound have almost completely subsided as supermarket price inflation reached its lowest level for 20 months, Produce Investment’s falls to a £9.5m loss and the rest of the news from the City
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NewsSupermarket price inflation at lowest level for 20 months
The Grocer Price Index edged back up to 0.1% in September but is still at its lowest level for months
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Analysis & FeaturesOC&C Top 150 2018: On the edge
No sooner has the industry’s growth engine finally spluttered into life, than suppliers find themselves hurtling towards a potential no-deal Brexit
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NewsGlow of summer grocery sales boom begins to fade
The hot weather triggered a bumper summer for the grocers, but the latest market share data suggests spending has slowed in more recent weeks.
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NewsIndustry leaders call for 'urgent clarity' over exports plans
The response comes to a new government export strategy that was unveiled this week
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NewsHot weather and branded growth boost supermarket sales by 3.5%
Growth of branded products, which outstripped own-label sales for the first time since May 2015, helped grocery sales rise 3.5% over the 12 weeks to 12 August according to Kantar Worldpanel.
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NewsRetail footfall falls in July but high street stabilises
Retail footfall fell back another 0.8% in July as the hot weather hit shopper numbers, but the high street showed a modest recovery after numbers plunged last year.
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NewsSupermarket price inflation drops to lowest level for 18 months
Supermarket price inflation has hit its lowest level for 18 months as the post-Brexit jump in grocery prices continues to stabilise.