Economy – Page 2
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NewsFood inflation falls to 1.7%
Food inflation fell to just 1.7% in the 12 months to June 2026, as supermarkets vied to win shoppers through the door
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NewsFTSE retailer profit warnings spike amid Middle East conflict
The number of profit warnings issued by FTSE retailers has spiked, as consumers and suppliers alike suffer the economic effects of the Middle East conflict
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NewsWorld Cup ‘top-up shops’ boost retail sales despite heatwave
Top-up shops and online boosted retail spending during June, according to the latest BRC-KPMG retail sales monitor
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NewsHealth & wellness brands snapped up in surge in sector M&A
Food and drink sector M&A activity has surged as food groups and private equity snap up fast-growth wellness and functional food brands
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NewsSweltering Brits avoid the high street in hottest June on record
High street footfall plummeted 6.2% in June, which was England’s hottest on record
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NewsDiesel records biggest monthly price drop in 25 years
Analysis by the RAC found that diesel averaged 183.75p per litre at the beginning of June and dropped 16.6p to 167.14p by the end of the month
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NewsSupermarkets to lose market share amid stagnant growth, says IGD
The UK grocery market is transitioning from an inflation-led recovery into a stable, low-growth phase, according to IGD
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NewsForeign investment into UK consumer sector tightens
Levels of foreign direct investment (FDI) into the UK consumer sector tightened in 2025, as the number of investment projects fell from 16 to 12
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NewsHeatwave drives surprise boost to retailers
Retail sales have climbed by more than expected as bank holidays and a heatwave provided the high street with a temporary bump
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NewsYoung adult and well-off household consumer confidence sinks
GfK’s long-running index held firm at –23 in June as worries about the impact of the conflict in the Middle East on household bills and petrol and food prices continued to weigh on consumer sentiment
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Comment & OpinionIf shrinkflation is such a great deal, why is Cadbury hiding it?
Speaking on the BBC’s Big Boss Interview podcast this week, Mondelez CEO Dirk Van de Put defended Cadbury’s shrinkflation strategy
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NewsFood inflation slows to just 2.2%
Annual food inflation slowed to its lowest rate since December 2024 in May, falling to just 2.2% from 3% in April
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NewsParents must find £200 more for groceries thanks to Iran war, says IGD
The IGD has forecast food inflation to peak at 5.5% in the second half of 2026
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NewsCurrency volatility hitting profitability for food and drink exporters, study finds
Nearly half (45%) of UK food and drink businesses operating on margins below 10% had seen profitability slashed by a third over the past year
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Partner FeaturesHacking tax: how fresh thinking can unlock new opportunities
How using tax as part of a wider commercial strategy can bring real benefits to UK retail and grocery businesses.
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Analysis & FeaturesWill Reeves’ food tariff cuts actually help to lower inflation?
The food & drink industry is sceptical the plans will have any effect
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Comment & OpinionHospitality wants a VAT cut. But so does everyone else
Tom Kerridge is to spearhead #VATsTheProblem, a campaign calling on the government to halve the VAT rate on the food and drink served in eateries, boozers and the like
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NewsNumber of late and unpaid invoices shoot up 50% in sector amid Iran war
Data from insurer Atradius showed a 50% month-on-month spike in claims in March, the first full month since the start of the Iran war
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Analysis & FeaturesCan long-term bumper contracts save British farming?
Long-term contracts have become the norm, with retailers claiming they offer farmers security and cash to invest. Is it that straightforward?
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NewsConsumer confidence edges upwards in bank holiday boost
GfK’s monthly barometer nudged up to –23 in the month after April’s low of –25