All Economy articles – Page 48
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NewsMarket share figures point to bumper Christmas for grocers
The latest grocery market share figures from Kantar Worldpanel and Nielsen suggest UK consumers shrugged off any worries about the wider economy to increase their grocery spend over the festive period.
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Comment & OpinionPredictions for 2018: sugar, veganism & food price inflation
We’ve loads of predictions this week. But before I offer a few of my own, I have a confession
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NewsUK inflation rises to highest level since 2012
The UK Consumer Prices Index has risen to 3.1% in November – its highest level since March 2012.
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NewsUrgent clarity needed over post-Brexit transition period, warns FDF
Food and drink businesses could start scaling down UK operations next year unless the government confirms there will be a post-Brexit transition period, it suggested
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NewsCity snapshot: Highest inflation since 2013 drives 12-week grocery sales up 3.1%
Grocery sales for the 12 weeks to 3 December rose by 3.1%, according to the latest market share figures from Kantar Worldpanel
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NewsSuper-strength cider tax hike is punitive, claim cidermakers
Philip Hammond said the tax crackdown would target “excessive alcohol consumption by the most vulnerable people”
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Comment & OpinionFind alternatives to plastic, now
Action needs to be taken to ensure that the amount of plastic used, where not essential, is dramatically cut
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NewsNon-EU food and drink exports continue to grow faster than to EU
FDF said figures showed the industry was creating a platform to take advantage of opportunities from Brexit
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NewsChancellor announces surprise Budget freeze on alcohol duty
The move recognised “the pressure on household budgets” and backed “our Great British pubs” said Philip Hammond
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Analysis & FeaturesAutumn Budget 2017: the food & drink industry reacts
Chancellor Philip Hammond has announced his Autumn Budget, unveiling an increase to the national living wage, an April switch to CPI for business rates - and a surprise freeze in beer duty. Here’s how key industry bodies and companies have reacted.
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NewsAutumn Budget 2017 - as it happened
Coverage and key announcements by finance editor Alec Mattinson and how it affects the grocery industry
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NewsMary Portas urges Budget freeze on business rates
Business rates bills from 1 April next year are set to rise by £1.15bn in England
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NewsRetail leaders warn of price impact from Budget plastic tax
The new tax bombshell would be part of a consultation unveiled by Philip Hammond, said weekend press sources
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NewsConsumer spending to flatline over festive period
Spending by UK shoppers is set to slump in the run-up to Christmas as new research from Visa suggests consumer activity will be hit by weak wage growth and higher prices.
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NewsCity snapshot: Retail footfall slumps in run-up to Christmas
UK retail footfall fell by 2% year-on-year in October according to the BRC Springboard footfall and vacancies monitor – the largest rate of decline since the vote to leave the EU in June 2016. Plus sales jump but profits plunge at Carr’s Group and all the rest of the latest news from the City.
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NewsUK food & drink bodies urge Hammond to reform business rates
Twelve executives have urged the Chancellor to “take action” as £1.1bn tax hike looms
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NewsSoaring inflation adds £273m to business rates bill
The Retail Prices Index has rapidly increased from 2% last September
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NewsAldi and Iceland commit to accepting old pound coin until end of month
“Hundreds of millions of the old coins” remain in circulation just three days before the 15 October deadline
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NewsTesco shakes up commercial team with changes to buying
The retailer says it wants to create greater strategic and longer-term deals with fresh food suppliers
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Analysis & FeaturesPrice inflation at mults hits highest level for five years
The Grocer Price Index jumped from 2.4% to 2.9% in the month to 1 October