Economy – Page 10
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Comment & Opinion
A cash-free society only benefits well-off shoppers and faceless financial companies
Independent merchants who want to support their local communities lose out in the switch to card-only payments, says Joanna Blythman, food journalist and author of Swallow This
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Comment & Opinion
How to build business resilience in a challenging landscape
There are no easy answers, but there are important things to consider to ensure resilience, says Chris Stott, UK head of Food & Drink, KPMG
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Analysis & Features
How the declining value of the pound is putting the squeeze on UK food importers
While sterling’s recent slump could boost exports, it is but the latest headache for businesses that source from abroad
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News
City snapshot: UK retail footfall rises to post-pandemic high
UK footfall came within 10% of pre-pandemic levels for the first time in September, despite mounting pressure on consumer spending
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News
Currency jitters could worsen pork supply woes even as exports rebound
The warnings come as overseas sales revive to near pre-Brexit levels
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Analysis & Features
British dairy’s international treasure hunt
Dairy can often feel like a dwindling industry in the UK. Declining milk consumption and promotion of vegan alternatives – amid allegations around the impact of cows on climate – have led to a sense of woe across the sector
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Analysis & Features
China’s role in the global post-Covid market
Post-Covid, China’s growth has slowed significantly, with only 0.4% GDP growth in the second quarter of 2022
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News
City snapshot: UK retail sales slump as consumers cut back spending
UK retail sales volumes slumped by 1.6% in August 2022, continuing a downward trend since summer 2021 as inflation and economic uncertainty hits consumer spending
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Comment & Opinion
Six months is not long enough for business gas bill cap from government
And targeted support after that won’t work
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News
City snapshot: UK retail sales slow in August despite rising prices
UK retail sales growth slowed in August, with a small rise in sales making a much larger drop in volumes due to soaring inflation.
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News
City snapshot: Soaring energy prices push retail SMEs close to collapse
Soaring energy costs are wider inflation are pushing consumer SMEs such as cafes, restaurants and shops to the brink of collapse, the Federation of Small Businesses has warned
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News
City snapshot: Online boosts UK retail sales in July
UK retail sales nudged upwards in July as growth in online retail boosted overall sales volumes. Plus, Just Eat Takeaway.com sells €1.8bn stake in Brazil’s iFood and consumer confidence hits record lows.
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News
City snapshot: Grocery inflation hits new high of 11.6% to lift supermarket sales
Supermarket sales rose by their highest level for over a year in the most recent 12-week period as a new inflationary high boosted sector revenues
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Comment & Opinion
London listing could enable Cooks to make the most of a tough time for coffee
Cooks’ estate allows it to capitalise on hybrid working patterns in the UK and Ireland
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Comment & Opinion
What does the Truss red tape ‘bonfire’ mean for the food industry?
HFSS rules might be on the pile, but a new database could represent one of the biggest pieces of industry regulation yet
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News
City snapshot: Inflation drives July retail sales growth, but volumes fall
UK retail sales increased 2.3% in July on a total basis, according to the BRC-KPM Retail Sales Monitor, though sharply rising prices masked a drop in sales volumes. Plus acquisitions from Coca-Cola HBC and Supreme and Barclaycard spending data.
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News
City Snapshot: UK retail sales fall as shop price inflation nears 10%
UK retail sales fell back again in June, falling 0.1% month-on-month as consumers bought fewer items at higher prices, according to the Office of National Statistics
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News
City snapshot: Supermarket sales return to growth amid soaring inflation
Grocery sales returned to modest growth over the past 12 weeks for the first time in more than a year as inflation soared to almost 10%
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News
City snapshot: Retail sales fall by levels ‘not seen since the pandemic’
UK retail sales volumes fell back in June at a rate not seen since the depths of the pandemic, as inflation continues to bite, and households cut back spending.
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News
City snapshot: UK retail sales growth slows amid soaring inflation
UK retail sales growth slowed again in June continuing a three month downward trend as soaring inflation and falling real wages impact consumers stifles retail spending