All Economy articles – Page 54
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NewsUK food prices return to inflation according to official statistics
The price of UK food and non-alcoholic drinks rose 0.3% in February after 31 consecutive months of decline, according to the Office of National Statistics.
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NewsCity snapshot: Five shops a day close in 2016 but trends improve post-Brexit
The equivalent of five shops a day closed on Britain’s high streets last year with a net loss of 1,650 shop during 2016, according to LDC
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Analysis & FeaturesHow deep were the supermarket price cuts?
The latest Grocer Price Index signalled an end to the era of supermarket deflation as prices in February rose again on an annual basis after two and a half years of price cuts. But how deep were the cuts?
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NewsAsda leads fuel price cuts across supermarket forecourts
Average fuel prices had risen by 16.8% in the last year…
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NewsCity snapshot: Inflation returns to UK grocery
Supermarket shelf prices are on the rise for the first time in more than two-and-a-half years, according to the latest Grocer Price Index
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Analysis & FeaturesSupermarket prices rising as curtain falls on deflation
The industry-wide deflation that has gripped the grocery market since mid-2014 fell back to zero in the month to 1 February
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NewsChancellor’s £435m business rates relief package just ‘a drop in the ocean’
Short-term relief measures are not enough and proper reform is needed, leading retail voices have said
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NewsBudget 2017 - as it happened
Catch up on the key announcements for grocery retail and fmcg, including business rates and sugar tax
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NewsFood and drink business confidence slumps ahead of Budget
41% of businesses were less confident about the UK’s business environment than in October last year…
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NewsGovernment discusses £150m business rates rescue package
Communities secretary Sajid Javid held talks on Wednesday with business rates experts CVS aimed at diffusing a crisis
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NewsConsumer spending stays high despite economy concern
The proportion of Britons positive about making purchases was 53% at the end of 2016, the highest ever recorded by Nielsen
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NewsInflation leaps to highest level since June 2014 as food prices rise
Inflation has hit its highest rate for two-and-a-half years, driven by the dramatic slowdown in falling food prices since the EU referendum and rising fuel costs at the pumps.
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NewsWeetabix warns of price increases in wake of Brexit
Weetabix CEO Giles Turrell insisted price rises would be a last resort and only in the low single digits
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NewsFood price rises help Inflation jump to 1.6% in December
UK Inflation, as measured by the Consumer Prices Index, has risen by 1.6% in the year to December 2016, rising from 1.2% in the year to November.
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NewsBritain to leave single market, says Prime Minister Theresa May
Prime Minister Theresa May has ruled out remaining in the single market as Britain negotiates an exit from the EU
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NewsApril 'will serve rates hammer blow to small shops'
The average small shop will see rates bills increase by £3,663 over five years, CVS research indicates
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NewsCity snapshot: High street sees first Christmas footfall rise in five years
Continuing the surprisingly strong festive retail results of last week, the BRC – Springboard footfall numbers for December have found the first festive rise in high street footfall for five years. Plus a look at the week ahead and all the latest news from the City.
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NewsCity snapshot: Consumer spending growth slows over Christmas
Consumer spending rose by 2.6% year-on-year in the festive period, though this represents a slowdown from a strong November according to Visa
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NewsCity Snapshot: Deflation eases again as ambient prices rise
Deflation continued to ease in December, according to the monthly BRC-Nielsen shop price index, with overall shop prices down 1.4%
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NewsRetail growth will stagnate under Brexit and Trump says KPMG
Retail Think Tank members predict overall retail growth of just 0.5% in 2017