more economy news & analysis – Page 6
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News
Low Pay Commission to consult on national living wage rates
It comes as employers across the country implemented the new NLW this week, which rose by 9.8% from £10.42 to £11.44 per hour
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Category Report
Beer & cider trends 2024: The great drinkflation
Duty changes are shaking up beer and cider, leading to a stream of lower-abv innovation. But are shoppers being short-changed?
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News
City snapshot: Retail inflation falls to lowest level since 2021
Shop price inflaton has contracted significantly in March, dropping to just 1.3% and the lowest level since December 2021
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News
Healthy food considered a luxury by most Brits, new study shows
Almost half of Brits also said that financial pressures had made them cut back on the quality of the food they eat
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Comment & Opinion
Jeremy Hunt’s spring budget is all hat and no rabbits
Dubbed a pre-election giveaway budget, the most notable giveaways were towards the bastions of Fleet Street who had already been tipped off about all the major announcements
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News
UK food manufacturers’ profits struggle amid declining sector investment
British food and drink manufacturers are faced with high costs and low sector investment
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News
Truckers to get better parking facilities amid spike in freight crime
Government and industry will join forces to upgrade 38 truckstops across the country
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News
City snapshot: Grocery sales growth slows as food price inflation eases
Supermarket sales growth slowed to 5.3% during February as food price inflation continues to fall. Plus results from Greggs, Bakkavor and all the rest of this morning’s news from the City
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Analysis & Features
When will the price be right to get deal volumes moving?
Newlat’s exit from Princes takeover talks reflects a market in which deals are not getting done. What’s stalling activity, and will it pick up?
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Comment & Opinion
Has the economy really ‘turned a corner’ after January’s resurgence?
Economists remain divided on whether January signalled a turnaround for consumer spending and retailer sales, says Alex Lawrence, senior strategic insight director at Circana
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News
Japan gives Cornish pasties and Staffordshire cheese protected status
An array of British food and drink including Staffordshire cheese and Welsh lamb are getting protected status in Japan
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News
City snapshot: Grocery price inflation falls to two-year low
Grocery price inflation has fallen to its lowest level since March 2022, according to new data from Kantar, as promotions accelerated supermarkets continue to focus on price
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Comment & Opinion
Government must prioritise food supply chain to avoid further inflation
This year’s general election marks a fork in the road for the food supply chain, says Phil Pluck, CEO of the Cold Chain Federation
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Comment & Opinion
Flush the roll tax – the battle for consumer savings begins
Who Gives a Crap calls on the Treasury to scrap what it calls the ‘roll tax’. That’s the 20% VAT on toilet tissue
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Comment & Opinion
Suppliers: survive the recession by mastering three trends
Retail media, artificial intelligence and sustainability: all demand a coherent strategy now, says David Sables, CEO of Sentinel Management Consultants
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Promotional Features
How solar can make supermarkets more sustainable
With the rising impact of environmental and economic issues for supermarkets, find out how rooftop solar panels can enhance their sustainable footprint and win kudos with consumers.
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Comment & Opinion
Nature should be a stakeholder in all businesses
Our economy is dependent on a thriving natural world yet nature does not have a real role in boardroom decisions, says Paolo Quattrone, professor of accounting, governance & society at Alliance Manchester Business School
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News
City snapshot: UK retail sales bounce back as food stores return to growth
Retail sales volumes bounced back into stronger than expected growth in January following record falls in December, boosted by a recovery in food sales volumes
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Comment & Opinion
Successful retailers will focus on community and health in 2024
Even in an era of ubiquitous technology, people are craving connection and community at scale, says Marie Stafford, global director at VML Intelligence
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News
City snapshot: Retail sales growth slows as cost of living weighs on consumers
UK retail sales growth slowed in January despite easing inflation as continued weak consumer demand led to ‘lacklustre’ sector performance