Economy – Page 6
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News
City snapshot: Black Friday fails to rally UK shoppers amid bleak November
Top story Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in another disappointing month for retailers, according to figures from accountancy firm BDO. According to BDO’s High Street Sales Tracker, total like-for-like sales in November fell by 0.3% compared to ...
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Comment & Opinion
Profits and purpose are more closely related than you think
Purpose-led business could generate a £149bn boost to the UK economy every year, says Pip Murray, founder & CEO at Pip & Nut
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News
City snapshot: Grocery sales set hit to £13bn this Christmas despite sales slowdown
Grocery sales are expected to surpass £13bn for the first time this Christmas despite supermarket sales growth continuing to lag slowing inflation
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News
Retailers warn of prolonged inflation as government increases business taxes
Food prices have continued to rise at a slower pace in November but the British Retail Consortium warned a new raft of higher costs hitting business could derail falling inflation in 2024.
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News
City snapshot: UK consumer confidence grows ahead of Christmas
UK consumer confidence has rebounded in November despite ongoing cost-of-living concerns
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Comment & Opinion
Alcohol duty freeze is too little too late for British booze
The government’s autumn budget is no blessing for UK spirits producers or even retailers, argues Mangrove Global co-founder and MD Nick Gillett
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News
City snapshot: UK retail sales volumes fall to lowest level since Covid pandemic
UK retail sales volumes have fallen to their lowest level since the depths of the Covid pandemic as wet weather and the cost of living crisis supressed shopping activity
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News
City snapshot: Supermarket volumes stabilise as inflation slows and promotions increase
UK supermarket sales grew by 8.7% last month, according to new data from NIQ, as sales volumes stabilised amid slowing inflation and increased promotions
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News
City snapshot: Grocery price inflation falls to single digits for the first time in 16 months
Grocery price inflation hit single digits for the first time in 16 months in October as overall grocery growth continues to be driven by higher pricing. Plus Naked Wines issues profits warning as CEO departs and updates from ABF and Hilton Food Group
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Promotional Features
How fmcg brands can recapture shoppers’ attention
Feverish competition for attention has made it harder than ever to cut through. Snapchat explains how to use experiences to create compelling marketing with better sales opportunities.
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Whitepapers
How food and drink manufacturers can keep decarbonisation on track
As the COP28 climate summit draws to a close, the focus remains on the progress companies are making in decarbonising their business models. Find out more as E.ON explores how food and drink manufacturers can successfully maximise efficiency while keeping decarbonisation on track.
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Analysis & Features
How Britain’s 150 biggest food and drink suppliers are faring
Big or small, own-label or branded, the UK’s food and drink suppliers are struggling to balance cost inflation recovery with volume and share, finds the OC&C 150 report
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News
City snapshot: Retail footfall slides as wet weather hits UK
UK retail footfall fell back in October as wet weather and the ongoing cost of living squeeze hit shopper numbers
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News
City Snapshot: Shop price inflation falls to 14 month low
Shop price annual inflation has eased to its lowest level since August 2022, falling to 5.2% in October from 6.2% in September. Plus trading updates from AB InBev, Carlsberg and Coca-Cola HBC.
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News
City snapshot: Supermarket sales growth rebounds despite falling inflation
Grocery price inflation fell for the seventh month in a row to 11% last month as take home grocery growth rose to 9.1%.
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News
City Snapshot: Footfall falls back in September
UK football eased back in September as consumer caution constrained spending in stores
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News
City snapshot: UK retail sales rebound in August despite lower fuel sales
UK retail sales rebounded in August as volumes recovered from a wet July, despite a drop in fuel sales as prices rose
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Analysis & Features
Why are key British food exports in such steep decline?
Inflation has forced consumers to cut spend, while Brexit red tape has hit SMEs. Businesses are hoping non-EU trade deals make an impact
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Analysis & Features
How the Global 50 largest fmcg companies are turning defence into attack
The world’s fmcg giants have soaked up plenty of pressure, and are looking to go back on the attack. Can they prosper in the post-Covid environment?
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News
City snapshot: September heatwave help UK supermarket grocery sales bounce back
UK grocery growth rebounded last month as the early September heatwave helped lift grocery sales at UK supermarkets back into double-digit growth. Plus trading updates from Ocado, McBride, C&C Group and Eagle Eye