All Economy articles – Page 58
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NewsLargest family income increase for over five years means shoppers feel flush
Real wage growth from the fall of fuel and food puts the consumer of the front foot for the first time since the recession
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NewsAlcohol duty tax cut is required say winemakers, as government stands to win big
With wine finally edging back into growth in the UK, the government’s tax haul from alcohol stands to grow rapidly too
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NewsGrocery deflation hits record high in the run-up to Christmas
Festive bargain-hunters got an early present as supermarket deflation accelerated to its highest level to date in the run-up to Christmas.
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NewsSupermarket price war to spell the end for hundreds of suppliers
Begbies Traynor predicts the collapse of more than 100 suppliers in new research
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NewsSainsbury’s enjoys best Christmas of the big four according to Kantar Worldpanel
Each of the big four experienced a sales decline in the run-up to the Christmas period according to the latest market share figures from Kantar Worldpanel, but Sainsbury’s posted the smallest year-on-year decline of the major supermarkets.
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Analysis & FeaturesTesco's Christmas trading could prove cause for cautious optimism
With Tesco, Sainsbury’s and M&S all set to report declining sales again this week, the food retailers would be forgiven for fearing this year looks just as grim as 2014.
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NewsFamily spending power up £11, says Asda
Family spending power is up this Christmas, following the biggest annual increase to discretionary income in almost five years, according to the Asda Income Tracker.
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Analysis & FeaturesFood prices in the mults fall for seventh month in a row
The UK’s supermarkets are heading into the vital Christmas period with food price inflation remaining at historic lows…
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Analysis & FeaturesIs the budget end of the grocery market slowing down?
A lot has been made of the “free ride” the mainstream supermarkets have given the discounters over recent months, but today’s Kantar Worldpanel data seems to point to tougher conditions at the value end of the market.
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NewsEach of the big four supermarkets sees market share declines
The UK grocery market has returned to marginal growth as sales picked up driven by pre-Christmas price discounts, according to the latest grocery share figures from Kantar Worldpanel.
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NewsCampaign calls for 2% duty cut on wine and spirits
Chancellor George Osborne is being urged to cut duty on wine and spirits by 2%, with a campaign claiming it would remove an unfair tax burden of British drinkers and give a £1.5bn boost to the public finances in 2015.
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NewsSupermarket Christmas sales still lagging behind 2013
Christmas is coming to Britain’s supermarkets – but is still taking its time getting here…
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NewsRetail footfall down 2.4% in November despite Black Friday
Not even Black Friday could prevent footfall levels plummeting in November as shoppers shunned high street trips in favour of online browsing last month.
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NewsBlack Friday helps arrest food sales decline
Grocery sales benefitted from a small boost in November as shoppers flocked to supermarkets to grab a bargain on a record-breaking Black Friday, according to the latest BRC-KPMG Retail Sales Monitor released this morning.
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Analysis & FeaturesPremier is following a well-established supermarket playbook
The real surprise about Premier Foods’ demands for payment from suppliers is not that the company is doing it, but that it’s suddenly in the spotlight.
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Analysis & FeaturesSoft drinks slowdown: poor weather or price war?
Last week it was Britvic, now it’s AG Barr talking of a second half slowdown in the UK soft drinks market.
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Analysis & FeaturesFood prices have not hit the bottom yet
The British Retail Consortium has found that food prices have fallen for the first time since it began recording the data in 2006.
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NewsAutumn Statement: industry reaction
Here’s how the industry has reacted to today’s Autumn Statement announced by Chancellor George Osborne…
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NewsFull review of business rates announced by Osborne in Autumn Statement
The government will conduct a full review of the structure of business rates, although it will not report until the budget in 2016.
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Analysis & FeaturesFarms and meat processors bear brunt of supermarket pressure
The UK agriculture and meat industries are feeling the brunt of pressure from supermarkets as insolvencies in the UK food and drink sector increase sharply.