All Economy articles – Page 44
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NewsCity Snapshot: Deal activity in 2018 unaffected by Brexit but value sinks
The number of food and drink deals in 2018 stayed in line with previous years despite Brexit concerns, profits slide at Wetherspoons on the back of labour costs and the rest of the news from the City
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NewsRetail footfall drops 2% in February
Retail footfall declined for the 15th consecutive month in February, as it plunged 2% according to new research.
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NewsCity snapshot: High street sales growth slumps to decade-long low
High street retail sales in February were the weakest for a decade, as Valentine’s Day failed to provide an uplift, new figures reveal
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NewsGrocery sales growth slows amid Brexit caution
Grocery sales grew by 1.9% in the 12 weeks to 24 February as one in ten shoppers admit to stockpiling food in preparation for a possible disorderly Brexit.
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NewsSupermarket prices rise again after Christmas cuts
The Grocer Price Index moved back into annual inflation of 0.4% in January compared with a 0.4% price drop in December
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NewsCity snapshot: High street suffers worst January since 2013
The UK retail industry suffered its worst start to the year since 2013, according to the monthly BDO High Street sales tracker. Plus, Brexit preparations and turnaround costs drive Kellogg’s to fourth quarter loss and Cranswick and Ocado shares plunge
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NewsShop prices rise at highest rate in almost six years
Shop prices in January jumped at the highest rate in almost six years despite post-Christmas discounts, data from the British Retail Consortium (BRC) suggests.
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NewsMedia Bites 29 Jan: No-deal Brexit, Tesco, Oddbins
A no-deal Brexit threatens the UK’s food security and will lead to higher prices and empty shelves in the short-term, retailers are warning.
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Comment & OpinionShrinkflation is a long-term trend, not a Brexit side-effect
According to the ONS, there was no significant uplift in cases directly after the EU referendum
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NewsRetail footfall slumps over Christmas
Retail footfall over the Christmas period fell by 2.6% according to the latest BRC-Springboard footfall and vacancies monitor.
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Analysis & FeaturesWhy food and drink faces a volatile, more expensive 2019
With Brexit, the US-China trade war and El Niño in the mix, grocery should brace for a tough year
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NewsCheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017.
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NewsCity snapshot: Cheaper Christmas as festive food costs 0.4% less than 2017
The cost of Christmas fare fell in 2018 after a currency-fuelled spike in supermarket inflation sent food prices soaring back in 2017. Plus, BRC Nielsen Shop Price Index finds decelerating food inflation, new CFO at McColl’s and all the rest of the latest news from the City.
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NewsUK consumer confidence at five-year low
UK consumer confidence is at a five-year low, according to the latest GfK index, although people are more confident about making major purchases than a year ago.
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NewsUK inflation hits 20-month low as petrol prices fall
Food inflation slowed significantly as the impact of the weaker pound faded
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NewsHigh street footfall slumps in run up to Christmas
Black Friday failed to arrest a slump in shopper numbers in November according to the latest BRC Springboard Footfall and Vacancies Monitor, with expectations weak footfall will continue into Christmas.
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NewsCity snapshot: UK consumer confidence falls to lowest this year
The UK’s consumer confidence has dropped to its lowest in almost a year, a Liverpool-based cooked meat and sausage producer has collapsed, and the rest of the news from the City
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NewsSuppliers set for tougher competition, regardless of Brexit outcome: Lord Price
Speaking at the NFU’s annual Henry Plumb lecture, Lord Price added the age of austerity would likely continue for some time yet
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NewsCity snapshot: Shop price inflation returns amid rising food prices
Food inflation accelerated in November although total shop prices remained almost unchanged since last Christmas. Plus Unilever is reportedly in exclusive talks to finalise a deal for GlaxoSmithKline’s Horlicks.
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NewsGrocery spending slows down in October
Grocery shoppers spent less in October 2018 compared to the same time last year, according to newly released grocery market share data from Nielsen and Kantar Worldpanel.