Economy – Page 7
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NewsCity snapshot: UK inflation back at 2% as food prices fall
UK CPI inflation was back to the Bank of England target of 2% in May, as food prices fell back during the month compared to a rapid price rise a year ago
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Category ReportCheese trends 2024: Battle of the heavyweights
The big cheese brands are back in growth and fighting for consumer attention. Who will win, and where does this leave smaller producers?
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NewsCity snapshot: Grocery growth slumps amid wet weather and falling inflation
Take-home grocery sales rose by just 1% over the four weeks to 9 June 2024, marking the slowest increase since June 2022, as poor weather and falling inflation hit supermarket sales
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NewsShareAction calls on Tesco to justify Ken Murphy’s £10m pay package
Murphy’s pay more than doubled last year, despite his fixed pay falling from £1.7m to £1.6m, with a bonus of £3.38m and shares worth £9.91m
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Comment & OpinionFrom inflation to innovation: the tide is turning for fmcg
The fmcg industry can finally get back to what it does best: differentiated innovation that excites consumers, says Warren Ackerman, head of European consumer staples research at Barclays
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NewsFood manufacturers see revenues drop 9% in the first three months of 2024
British food manufacturers are still under immense economic pressure
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Analysis & FeaturesHow much are the top supermarket bosses paid?
From the lowest to the highest, here are the salaries of the UK’s leading supermarket bosses
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NewsCity snapshot: mild recovery for retail sales in May as election looms
UK retail sales gained 0.7% in May as rising food sales continue to mitigate weakness in the non-food sector
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NewsCity snapshot: Improved weather drives uptick in UK grocery sales
UK supermarket sales remained strong in May, rising 3.3% as shoppers responded to the warmer weather to drive value sales growth to a two-month high
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NewsCity snapshot: UK retail footfall sees biggest bounce back since 2021
Footfall in UK retail destinations saw the strongest rise since 2021 as shoppers returned to the high street
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NewsCity snapshot: wet weather dampens UK retail sales
Retail sales volumes plunged by 2.3% in April as wet weather and cost of living constraints hit activity across the sector
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NewsSchools forced to use own budget to feed children, says charity
School Food Matters is calling for the government to revise its budget for school food and extend free school meals provisions
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Analysis & FeaturesWas Sunak’s summit enough to inspire supply chain confidence?
The second annual Farm to Fork Summit saw representatives from across the food sector gather at No 10 to hear the PM’s proposals
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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