Economy – Page 36
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NewsRobust growth for grocers but challenges remain – CBI
Food retailers reported “robust” growth in sales volumes in the year to May, according to the CBI’s latest quarterly survey.
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Analysis & FeaturesWelcome political stability may prove to be short-lived
Many of the leaders of the UK grocery industry will be breathing a sigh of relief today as the general election results sink in.
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NewsSupermarket price war devastates UK food suppliers – Begbies Traynor
Food and drink manufacturers across the UK are suffering the most as the big supermarkets slash prices to compete with each and fight back against the rise of the discounters.
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NewsConservative Party promise to work with food industry in new manifesto
The party’s manifesto launched by David Cameron in Swindon today, unveiled plans for a Great British Food Unit to promote food exports
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NewsLabour manifesto pledges include sharp rise in NMW, targets on sugar and alcohol content
Labour also confirmed plans to extend the role of the Groceries Code Adjudicator, and a levy on tobacco companies
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NewsFood prices plummet and spending increases as deflation bites
ONS data sheds light on the unique set of circumstances currently unfolding in the retail industry
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News2015 Budget: fmcg industry reactions
Reactions to today’s budget from the wider industry will be updated here as we get them in
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NewsBusiness tax rate review announced by government
The review, set to report in 2016, would look at how businesses use property, what the UK can learn from other countries, and how to modernise the system
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NewsSupermarket price war weighs heavily on UK retail sales
Continually heavy discounting by supermarkets has weighed on British retail activity as sales in February fell back compared to a year ago, according to a CBI survey.
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Analysis & FeaturesCurrency exchange rate volatility: does it matter?
Does the impact of currencies matter? Yes, say investors. So who’s best positioned, and what can you do?
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NewsInflation tumbles to record lows as the big four grocers slug it out over price
The escalation in the supermarket price war and the falling cost of oil has helped inflation hit record lows in January.
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Analysis & FeaturesFood deflation at new record but prices are actually up
Annual food deflation has reached record levels, but grocery prices were nevertheless higher in January…
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NewsTesco returns to growth as overall grocery sales rise
Tesco’s sales were back in the black for the first time in a year, according to the latest grocery share figures from Kantar Worldpanel, as the overall market grew at its fastest rate since last summer.
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NewsFood deflation hits highest level yet, finds BRC-Nielsen Shop Price Index
Food prices fell by the highest rate ever recorded by the BRC-Nielsen Shop Price Index in January as the New Year price war took hold.
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NewsLargest family income increase for over five years means shoppers feel flush
Real wage growth from the fall of fuel and food puts the consumer of the front foot for the first time since the recession
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NewsGrocery deflation hits record high in the run-up to Christmas
Festive bargain-hunters got an early present as supermarket deflation accelerated to its highest level to date in the run-up to Christmas.
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NewsSupermarket price war to spell the end for hundreds of suppliers
Begbies Traynor predicts the collapse of more than 100 suppliers in new research
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NewsFamily spending power up £11, says Asda
Family spending power is up this Christmas, following the biggest annual increase to discretionary income in almost five years, according to the Asda Income Tracker.
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Analysis & FeaturesFood prices in the mults fall for seventh month in a row
The UK’s supermarkets are heading into the vital Christmas period with food price inflation remaining at historic lows…
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NewsEach of the big four supermarkets sees market share declines
The UK grocery market has returned to marginal growth as sales picked up driven by pre-Christmas price discounts, according to the latest grocery share figures from Kantar Worldpanel.