Economy – Page 4
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Comment & OpinionUnderfunding of local councils imperils all of us in grocery
Financing local government is incredibly complex and deeply boring, but it impacts literally every Grocer subscriber and everyone else in our industry, says Ian Wright, co-chair of the Food & Drink Export Council
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NewsCity snapshot: UK retail sales slump in ‘dismal’ weather
UK retail sales fell back in April signifying a ‘depressing start to Spring” as wet weather suppressed activity
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NewsCity snapshot: UK grocery growth slows as inflation eases
UK grocery sales growth slowed last month as food price inflation continues to ease and shoppers cut back after Easter
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NewsCity snapshot: Retail inflation falls to its lowest level since 2021
Shop price annual inflation eased to 0.8% in April and now stands at its lowest level since December 2021
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NewsAsda tracker shows disposable income up for 12th month in a row
Gross income for the average household in the UK grew by 10.1%, and at £233 per week was £21.50 a week higher in March 2024 than it was a year before
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NewsCity snapshot: UK consumer confidence continues to improve as inflation eases
UK consumer confidence improved once more in April as inflation eases, according to the monthly GFK consumer confidence index
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NewsCity snapshot: Grocery price inflation falls amid increase in promotions
Grocery price inflation fell for the 14th consecutive month back to 3.2% last month, aided by a significant increase in promotional spending
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NewsCity snapshot: Retail sales flatline in March as food sales fall back
Retail sales volumes were flat in March, despite the boost from an early Easter, as sales in food stores fell
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NewsCity snapshot: Economy grows in February as UK emerges from recession
The UK economy grew in February despite high levels of rainfall, suggesting the country is emerging from the recession in the final two quarters of 2023
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NewsCity snapshot: Early Easter boosts March retail sales
Strong food sales in the run-up to this year’s early Easter boosted UK retail sales in March, though non-food sales continued to decline
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Comment & OpinionAs trust in digital systems plummets, cash is back
In 2022 cash use grew for the first time in a decade, says Joanna Blythman, food journalist and author of Swallow This
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Comment & OpinionMinimum wage, maximum effort: the pay conundrum for food and drink
Skills, expectations and stakes are higher than ever, but the rewards are increasingly in inverse proportion
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Analysis & FeaturesInside the shrinking fmcg wage purse: why isn’t pay keeping pace?
The pandemic days of employers making strenuous efforts to support staff are over, as pay lags inflation and competition for roles increases. Instead, more sustainable – and cheaper – support is being offered
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NewsCity snapshot: Early Easter fails to reverse footfall decline
Easter falling at the end of the March failed to reverse the ongoing decline in retail footfall in 2024, according to the latest data from BRC-Sensormatic IQ
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NewsLow Pay Commission to consult on national living wage rates
It comes as employers across the country implemented the new NLW this week, which rose by 9.8% from £10.42 to £11.44 per hour
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Category ReportBeer & cider trends 2024: The great drinkflation
Duty changes are shaking up beer and cider, leading to a stream of lower-abv innovation. But are shoppers being short-changed?
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NewsCity snapshot: Retail inflation falls to lowest level since 2021
Shop price inflaton has contracted significantly in March, dropping to just 1.3% and the lowest level since December 2021
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NewsCity snapshot: Grocery sales growth slows as food price inflation eases
Supermarket sales growth slowed to 5.3% during February as food price inflation continues to fall. Plus results from Greggs, Bakkavor and all the rest of this morning’s news from the City
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Analysis & FeaturesWhen will the price be right to get deal volumes moving?
Newlat’s exit from Princes takeover talks reflects a market in which deals are not getting done. What’s stalling activity, and will it pick up?
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Comment & OpinionHas the economy really ‘turned a corner’ after January’s resurgence?
Economists remain divided on whether January signalled a turnaround for consumer spending and retailer sales, says Alex Lawrence, senior strategic insight director at Circana