Economy – Page 38
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NewsCity 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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NewsLiving 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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NewsIndian 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 & OpinionFood 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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NewsSupermarkets 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 & FeaturesOC&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 & FeaturesOC&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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NewsShop 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 & OpinionWhat 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 & FeaturesGrocery 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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NewsSupermarket 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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NewsFamily 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
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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