All Economy articles – Page 3
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News
City snapshot: Consumer confidence edges upwards ahead of Christmas
Consumer confidence rose again in December as lowering inflation underpins more confidence in the UK’s economic prospects for 2024
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News
City snapshot: UK shoppers save now to spend £5bn on food during Christmas week
Grocery sales growth slowed in November as shoppers delayed spending on food and drink to take advantage of seasonal promotions during Christmas week. Plus, the CMA opens a probe into Unilever around claims of “greenwashing” and Pepco posts record sales but profits fall back
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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 and 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
Obesity will cripple economy without government action, warns Henry Dimbleby
Dimbleby will cite new figures from the Tony Blair Institute claiming obesity is already costing the country £10bn a year and will soar to £100bn in the next 15 years
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Comment and Opinion
Poor maths and anti-brand bias are the flaws in the CMA’s new report
The clumsy and manipulative presentation of the CMA’s findings left the door open to unwarranted criticism of brands, says David Sables, CEO of Sentinel Management Consultants
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News
UK urged to boost Morocco trade ties as fruit & veg imports grow
UK buyers are increasingly turning to Moroccan fresh produce over produce from traditional European countries
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Comment and Opinion
Post-Brexit policies massively disadvantage UK cheese exporters
We were told Brexit would support British business but the current plans give importers a massive competitive advantage, says Bill Mathieson, Long Clawson MD
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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 and 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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Comment and Opinion
How the autumn statement will impact retail and fmcg
A ‘final nail in the coffin for the high street’ was the grim description from a leading property consultancy of today’s autumn statement
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Comment and Opinion
COP28: We must change our diets to save the planet
Shifting diets needs to be front and centre of commitments, says Ali Morpeth, registered public health nutritionist
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News
Logistics sector calls for government support amid major demand slump
The industry is facing a slowdown in activity due to the cost of living crisis
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Analysis and Features
Is childhood obesity at a tipping point?
Recent figures show a drop in child obesity rates, but strong policymaking will likely be required to ensure there is longevity behind the trend
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News
Retailers fear Christmas sales will be impacted by supply chain disruption
UK retailers anticipate supply chain disruption will significantly affect their festive revenues
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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
Labour pledges to pursue fewer but better deals in new trade strategy
Labour’s shadow secretary for business and trade Jonathan Reynolds criticised the government’s ‘scattergun’ strategy
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News
City snapshot: UK inflation eases to 4.7% as food price growth eases
UK inflation fell significantly in October as energy prices and food inflation eased, with headline inflation dropping to 4.7% from 6.3%