All Economy articles – Page 40
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NewsCity snapshot: UK shop prices continue to fall but food prices accelerate
Despite overall decline, food prices accelerated in January as discounting returned to a more normal level following Christmas
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NewsUK food sales suffer largest drop since 2016
December marked a 1.3% slump in the volume bought across food stores, according to official ONS figures, the largest drop since December 2016
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NewsCity snapshot: Retail footfall slumps over Christmas
Footfall across UK retail destinations fell 2.5% over the Christmas period, with Black Friday and Boxing Day sales events failing to drive customers to the UK’s shops.
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NewsUK retail sales suffer ‘worst year on record’ in 2019
2019 marked the first year to show overall decline in retail sales
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NewsCity snapshot: UK high street suffers worst year for a quarter of a century
UK retailers shed more than 140,000 employers and shuttered over 16,000 shops as the industry suffered its worst conditions for 25 years, according to the Centre for Retail Research.
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NewsCity snapshot: December sees sharp increase in consumer economic optimism
Expectations for the economic performance of the UK have increased sharply as consumer confidence begins to improve. Plus, both suitors of Just Eat have increased their offer for the online takeaway firm as the takeover saga moves towards a conclusion and all the rest of the latest news from the City.
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NewsRetail sales slump in the run-up to Christmas
UK retail sales fell back 0.6% in November, amid a continued slump in non-food sales.
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NewsUK inflation remains at three-year low despite rising food and drink prices
Rising food and drink prices failed to shift the UK’s overall measure of inflationary growth from a three-year low of 1.5% in November.
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NewsTory victory: food and drink industry reacts to general election result
Key industry observers have been sharing their initial reactions to the result and offering predictions for the weeks and months ahead
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NewsGeneral election: analysts react as supermarkets and UK consumer stocks are bolstered by decisive result
Analysts and City commentators on the implications of Boris Johnson’s landslide victory and what the result means for consumer stocks, the pound and UK plc
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NewsCity snapshot: Pound surges as Conservative Party wins general election
The pound rose over 3% as the Conservative party secured a landslide victory in the election
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NewsCity snapshot: Black Friday fails to boost lacklustre grocery sales
Black Friday failed to boost lacklustre sales across the grocery industry as the latest market share figures from Kantar show grocery sales growth slowing to 0.5% for the 12 weeks to 1 December. Plus, Just Eat rejects new Prosus bid, McColl’s profits below expectations, new CFO for Premier Foods and all the rest of the latest news from the City.
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NewsCity snapshot: UK retail sales pick up in November amid Brexit respite
On a total basis, adjusted for the later timing of Black Friday, sales rose 0.9% in the four weeks to 23 November
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsCity snapshot: Top UK restaurant groups sink deep into the red
The biggest 100 UK restaurant groups have seen profits drop in the past 12 months as they suffered from higher overheads and plunging sales
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NewsSupermarket growth slows as Christmas approaches
UK supermarket sales growth eased last month amid political uncertainty and wet weather ahead of the crucial Christmas trading period.
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Comment & OpinionWhat Q3 results tell us about the state of consumer staples companies
Premium categories are continuing to drive most of the growth in the sector, says Barclays’ Warren Ackerman
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NewsCity snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsBusiness rates system ‘unacceptable’ Treasury Select Committee concludes
Today’s report was dismissive of previous attempts to soften the blow of rates on retailers