Economy
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News🔴 Budget 2021 Live: Chancellor outlines Covid recovery measures
The latest updates for the grocery industry on the B
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News
City snapshot: Grocery sales growth hits eight month high in February
Grocery industry sales growth accelerated to its highest level since June 2020 during February as the latest national restrictions curtailed spending in cafés, restaurants and pubs. Plus trading updates from Hotel Chocolat, HelloFresh and Virgin Wines starts trading on the stock exchange.
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News
Shelf prices fall as supermarkets brush off import cost concerns
Supermarkets have avoided passing on any extra costs incurred from importing goods into the UK, The Grocer Price Index has suggested
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News
City snapshot: UK retail sales drop 10% in January, BDO finds
UK retailers recorded their worst January on record and the worst month for the high street since June as a national lockdown shuttered shops across the country
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News
City snapshot: Lockdown helps supermarket sales growth to accelerate in January
The UK-wide coronavirus lockdown has spurred further growth in take home grocery sales during January, as shoppers spent £1bn more on supermarket food year-on-year during the month
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News
City snapshot: Retail sales suffers worst year on record after Christmas falls flat
The UK retail sector has suffered its worst year on record after a Christmas sales rise of 0.4% failed to meet expectations, according to the Office of National Statistics. Plus, The John Lewis Partnership upgrades profit expectations and pays back £300m government aid and all the rest of the latest news from the City
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News
City snapshot: BRC calls for ‘pragmatic solution’ to border chaos
The BRC has called on the government and the EU to find a “pragmatic solution” to the closure of traffic from France and avoid impacting the supply of Fresh produce to the UK. Plus, FTSE and pound plunge, Bestway Wholesale to buy Costcutter and all the rest of the latest news from the City.
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News
City Snapshot: November retail sales fall back on second lockdown
Retail sales fell back in November as shops shut their doors again during the second coronavirus lockdown
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News
City snapshot: Falling food prices push inflation back in November
A drop in food and non-alcoholic drinks prices as England went into a second lockdown has contributed to a significant fall in the UK inflation rate in November, according to official figures. Plus, British American Tobacco is ready to test its Covid vaccine on humans.
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News
City snapshot: Second lockdown boosts pre-Christmas grocery sales
Grocery sales spiked in November by 13.9% as eating and drinking out of home was restricted by the English national lockdown to boost the industry in the run-up to Christmas.
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Analysis & Features
Coronavirus business rates relief: which supermarkets are handing it back?
Here’s the list of supermarkets that have agreed to give it back – and the ones that are staying quiet on the issue
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News
Supermarkets pay back £2bn in business rates as Tesco move sparks chain reaction
Sainsbury’s and Aldi confirmed today that they would pay their business rates this year
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News
City Snapshot: Early Christmas shoppers boost October retail sales
Retail sales continued to rise in October despite the second wave of the coronavirus outbreak as early Christmas shoppers looked to beat renewed Covid lockdowns
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News
FDF report reveals effect of pandemic on food & drink exports
Year-on-year exports fell by 13.8% to £9.7bn in the first half of 2020
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News
City Snapshot: Shop prices continue to fall as food inflation eases
Shop prices fell by 1.6% in September as retailers cut prices to encourage spending and food price inflation continues to ease. Plus, trading at Compass Group improves as establishments reopen and all the rest of the latest news from the City.
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News
Media Bites 25 September: Coronavirus, Morrisons, Pets at Home,
The government will cover almost a quarter of pay for workers in “viable” jobs for the next six months
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News
Media Bites 22 September: Coronavirus, Unilever, Aldi/Lidl
Global stock markets fell heavily into the red as concern grew that a second wave of lockdowns is on the way
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News
City snapshot: UK retail sales recover for fourth consecutive month
UK retail sales continued to recover in August, with sales up a further 0.8% in the fourth consecutive month of sector growth. Plus, coronavirus lockdown costs Applegreen €400m in lost sales and all the rest of the latest news from the City.
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News
Grocery sales growth slows in August
Fewer meals eaten at home due to the popularity of the Eat Out to Help Out scheme meant consumers spent £155m less in supermarkets
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News
City Snapshot: Eat Out to Help Out scheme drives inflation to five year low
UK inflation has fallen to its lowest level since 2015 as the Eat Out to Help Out Scheme helped drive down prices. Plus, The Hut Group’s shares surge on market debut, updates from Science in Sport and Eagle Eye Solutions and all the rest of the latest news from the City.
