more economy news & analysis – Page 47
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News
UK consumer confidence collapses after Brexit
UK consumer confidence has taken its biggest knock for 21 years after the UK’s vote to leave the EU
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City snapshot: Consumer confidence down pre-Brexit
GfK’s consumer confidence index remained in negative territory last month as the public worried about the UK’s economic prospects even before the vote to leave the EU
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City snapshot: Leaving the EU will hit UK retail sales by 6%, report warns
The report says UK retail sales will reach £396.3bn by 2020 from their current level of £345.4bn without Brexit
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News
Brexit could cost UK retailers £24bn by 2020
The economic shock caused by Brexit could drive UK retail sales 6% lower by 2020, according to a new report published today by the Economist Intelligence Unit.
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News
Rise in high street numbers drives UK footfall increase
Footfall in May was 0.3% up on a year ago after a significant upturn in shoppers on the high street
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Food sales show best momentum since October
Overall UK retail sales increased by 0.5% on a like-for-like basis from May 2015
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News
BHS to liquidate after search for a buyer fails
BHS is to shutter its 163 stores at the potential cost of 11,000 jobs after administrators failed to find a buyer for the troubled retail chain.
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Comment & Opinion
Brexit debate - is Wetherspoons the best venue?
This week, Wetherspoon founder Tim Martin will be serving up a “hard-hitting” pro-Brexit message in 920 of his UK pubs
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News
Grocery prices across Europe rise at slowest pace for six years
The prices of everyday items including food, drinks and toiletries have not grown so slowly since 2010
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Comment & Opinion
Exchequer secretary Damian Hinds: get set for the new pound coin
The chancellor recently announced that production of the new and highly secure £1 coin has started
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Analysis & Features
GPI: Morrisons cuts hard again but deflation is now easing
The Grocer Price Index, collated by Brand View from more than 61,000 items across the big four, inched down –2.8% in the month to 1 April
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News
Brexit 'brings tariff and labour cost risks'
Two new economic studies this week have warned that suppliers and retailers would be particularly exposed in the event of Brexit
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News
2 Sisters warns over Brexit uncertainties
UK food giant 2 Sisters has warned of the “uncertainty” leaving the EU would place on the food sector.
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George Osborne’s budget - the key takeaways for food and drink
Osborne announced a “fundamental” shake-up of business rates
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FDF members dismiss EU stay campaign
The UK’s biggest fmcg suppliers have refused to give a mandate for the Food & Drink Federation to campaign against Brexit
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Analysis & Features
Price cuts push supermarket deflation to record low
The Grocer Price Index fell to a new record low of –2.9% year on year in the month to 1 March 2016
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News
Government suffers defeat on Sunday Trading reform
MPs voted 317 to 286 against the proposals to relax Sunday Trading laws
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News
Brexit vote will have “momentous significance” for UK food, says FRC report
The authors argue that, if the country decided to leave, food imports will become more expensive
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News
Co-op, Aldi and Lidl continue to make market share gains
Lidl’s sales grew by 18.9% and Aldi’s by 15.1% in the 12 weeks ending 28 February
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News
Tesco’s recovery continues, says Kantar
Kantar found supermarket sales were up by 0.5% compared with a year ago