All Economy articles – Page 48
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News
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..
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Financial distress up 26% on average says Begbies Traynor
Red Flag Alert points to increased cost pressures from rising inflation in both fuel and food
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Surging pound leads to FTSE 100 sell-off after snap election surprise
The FTSE 100 plunged more than 180 points yesterday (or £46bn) to 7,147.50 points as PM Theresa May called a surprise snap election on 8 June
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Volatile day for sterling as PM calls snap election
The surprise announcement is set to lead to a volatile day on the markets and for the pound.
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Rising food prices could boost the discounters
Aldi and Lidl have been tipped to benefit from escalating grocery inflation after inflation remained at 2.3% last month despite rising prices for food, alcohol and tobacco.
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City snapshot: Supermarket prices rise 1.4% in March
Supermarket inflation jumped 0.9 percentage points to 1.4% in March - the highest level of grocery inflation since Christmas 2013.
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Comment & Opinion
Keep investing and keep your technology options open
Changes in business rates and unfavourable currency exchange are just two of the challenges facing retailers…
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News
City snapshot: Late Easter holds back supermarket sales
The latest grocery market share figures released this morning shows the late Easter this year has held back supermarket sales as food inflation continues to rise.
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Brits changing food habits to save money, FSA survey reveals
43% have made at least one change to the way they shop or eat for financial reasons
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News
Sainsbury's, Asda, Morrisons follow Tesco with 2ppl fuel cut
Tesco will introduce the reduced prices at its 500 petrol stations this afternoon ahead of Mother’s Day