Economy – Page 2
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NewsCity snapshot: Consumer confidence sinks and more businesses teeter on the edge of collapse
Confidence in the UK economy has plummeted as consumers worry about ‘dark days’ ahead, according to a closely watched survey out this morning. Plus, there has been a ‘worrying surge’ in the number of UK businesses entering ‘critical’ financial distress in the final quarter of 2024
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NewsChristmas retail deflation likely to be temporary reprieve
Shop prices fell in December, according to the monthly BRC-NIQ shop price index, but the report predicts economic headwinds this year will see the return of higher prices
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NewsMedia Bites 6 January: Ocado, budget fears and ‘fat cats’
Ocado gave short-sellers their biggest profit yet in 2024, due to its demotions from the FTSE 100
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NewsCity snapshot: price hikes set for 2025 as business confidence slumps
Businesses in the UK are preparing to hike prices in 2025 to deal with the “pressure cooker of rising costs and taxes”, according to a survey by the British Chambers of Commerce. Plus, looking ahead to the Christmas trading updates due this week
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NewsCity snapshot: Consumer confidence hits four-month high ahead of Christmas
Consumer confidence has bounced back after recovering from pre-Budget jitters to hit a to a four-month high ahead of the festive period, according to a closely watched monthly survey. Plus, English wine producer Chapel Down has appointed a new CEO
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NewsMedia Bites 2 December: Asda debt, Black Friday, seasonal workers
In the week after Asda appointed its new chairman, Allan Leighton, the nationals focused on the supermarket’s ongoing financial woes
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NewsMedia Bites 19 November: National Insurance, farming protests and BrewDog closures
More than 70 retail businesses have warned job losses will be “inevitable” in the wake of the budget
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Comment & OpinionWhy physical retail will be punished by government’s business rates reforms
Rather than promising to level the playing field between online giants and the high street, Labour should have simply said it planned to make the biggest businesses pay for a tax cut for smaller ones
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NewsMedia Bites 14 November: Homebase, Just Eat, Asda market share
The demise of struggling retailer Homebase is one of the main topics of coverage for the nationals this morning
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NewsFurious farmers prepare to protest over ‘awful’ tax raid
The protests, expected towards the end of November, are being planned by the Save British Farming group
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Analysis & FeaturesWhy is the budget such bad news for the UK’s farmers?
Rule changes by the chancellor on IHT eligibility have been hugely controversial
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Comment & OpinionBusiness rates: government has shown its hand in the budget – and retail has been cheated
Labour’s solution to separating online retail from the high street as part of business rates reform, we now know, is that it’s not going to
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NewsMedia Bites 5 November: shoplifting, Sainsbury’s/M&S, Tobacco and Vapes Bill
Shoplifting remains in the spotlight in this morning’s papers, with impending results from M&S and Sainsbury’s also in focus
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NewsMedia Bites 4 November: Interest rate cuts, budget woes, M&S
Rachel Reeves’ budget and its impact on business and the economy is still making headlines
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NewsMedia Bites 1 November: more budget reaction, Amazon, Mars, Harrods, Aldi
Friday’s press continues to be dominated by reaction to the first Labour budget for 14 years, and, perhaps unsurprisingly, many of the leading UK publications are unsympathetic
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NewsFmcg shares crash as investors stress over budget pressure for industry
Investors gave a big thumbs down to chancellor Rachel Reeves and the first Labour budget for 14 years as the FTSE 100 sank and shares across fmcg suffered a mass sell-off
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Comment & OpinionThe budget has set the stage for a tough business environment
Many businesses will be counting the cost of the triple-whammy of higher National Insurance contributions, lower thresholds, and a whopping increase in the national living wage, says Ian Wright, co-chair of the Food & Drink Export Council
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Comment & OpinionAlcohol duty rise will pile yet more pressure on hospitality
The increase will not only push up the price of a tipple but will also stifle growth, says Nick Gillett, MD of Mangrove Global
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NewsYour reactions to the new government’s £40bn tax-raising budget
Readers of The Grocer share their opinions on how the autumn budget will affect their areas of industry
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Comment & OpinionLabour’s budget gamble leaves businesses scrambling for cash
Labour is hoping it can both raid corporate pockets and simultaneously stimulate growth