Economy – Page 35
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News
Disposable income up £18 a week, says Asda Income Tracker
Asda CEO Andy Clarke said the strengthening economy was to thank for the boost
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Analysis & Features
Tesco the biggest cutter as deflation sticks at -2.2% y-o-y
The deflationary picture is yet to improve for the UK’s beleaguered supermarkets
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Comment & Opinion
Exporters shouldn't be put off by strong pound, says FDF's Ian Wright
Many food and drink exporters reading our latest exports report will be aware of the continued strength of the pound…
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News
Export figures dragged down by plunging value of euro
The UK food & drink industry has been hit by a slump in exports in the first half of 2015…
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News
City snapshot: August high street sales suffer worst slump for seven years
High street sales in August have suffered their biggest slump since the depth of the financial crisis in 2008.
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Analysis & Features
Chinese crisis batters UK grocery shares
Global markets have crashed on what’s being dubbed as another “Black Monday” on the stock market, with the FTSE 100 down to its lowest level since 2012.
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News
Asda says families enjoyed 10% more disposable income in July
Families had almost 10% more to spend in July compared to last year, according to the Asda Income Tracker.
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Analysis & Features
Food price deflation at big four again picks up pace
The level of supermarket price cuts is increasing once more after three months of more modest deflationary figures
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News
City snapshot: Deflation ticks up to 1.4% in July
Overall shop prices reported an increase in deflation to 1.4% in July from 1.3% deflation in June, according to the BRC-Nielsen Shop Price Index.
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News
Living wage increases to hit big four bottom line, warns Moody’s
George Osbourne’s hike of the minimum wage will hit food retailers the hardest with the Big Four UK grocers’ profits coming under particular pressure, according to a new report by Moody’s.
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News
Indian regulations to curb profit growth of European brewers
High barriers to entry into the lucrative Indian alcoholic beverage market are a boon to drinks giants Heineken, SABMiller, Diageo and Pernod Ricard, according to a new report from Moody’s.
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Comment & Opinion
Food price deflation will ease at best
British food is grappling with deflation, which has been part of the trading scene for all of 2015
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News
Supermarkets ramp up pressure on UK food sector
The number of UK food suppliers experiencing “significant” financial distress has risen by over 50%, according to research from professional services firm Begbies Traynor.
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Analysis & Features
OC&C Global 50: International expansion still holds key for struggling tobacco firms
Revenues and margins both fell for the globe’s biggest tobacco firms last year according to the OC&C Global 50, but an industry struggling with declining cigarette volumes is still looking to new markets to underpin future growth.
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Analysis & Features
OC&C Global 50: the giant slowdown
The latest Global 50 rankings by OC&C reveals the biggest fmcg suppliers are struggling to grow both turnover and margins…
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News
Shop closures slow as economy turns the corner - Deloitte
Retail administrations have slowed dramatically in the first half of 2015 as the economy stabilises, according to research from Deloitte.
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Comment & Opinion
What conclusions can the grocery industry draw from the unfolding Greece crisis?
Could the shockwaves of a country on the brink shake the UK’s fmcg industry?
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Analysis & Features
Grocery spend fails to lift in brighter economic environment
In a more buoyant economy, shoppers are not spending their extra cash on grocery, and price savviness is now hard-wired
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News
Supermarket woes to drag on to 2017, Moody's warns
Margins at the big four UK grocers are unlikely to recover for another 12 to 19 months as the price war continues to rage and like-for-like sales decline, ratings agency Moody’s has warned.
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News
Family incomes up 10%, Asda report claims
In April, the average UK household had £187 a week of discretionary income, giving them an extra £17 to spend compared to a year ago