All Economy articles – Page 49
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Comment & OpinionShrinkflation betrays consumer love for brands
Sir, McVitie’s Jaffa Cakes is the latest in a growing list of brands succumbing to what’s now known as shrinkflation
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Comment & Opinion10 takeaways for food and farming from the Conservative and Labour party conferences
As the Tory conference draws to a close, here is the Grocer’s take on events in Brighton and Manchester
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NewsCity snapshot: UK consumer confidence edges up in September
Consumer confidence in the UK ticked up last month despite increasing worries about personal finance, according to the latest consumer confidence index from GFK.
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NewsAugust retail sales top market expectations
The Office of National Statistics has found UK retail sale volumes jumped by 1% in August compared to July – a significantly higher figure than the 0.3% growth the market predicted.
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NewsLiberal Democrats slam business rates increases at conference
Government accused of betraying small businesses with £300m rates hike
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NewsBeef, cheese and veg 'to soar 30% without zero tariff deal'
Brexit could see the cost of items in a typical UK shopping basket soar by as much as 30%, according to the BRC
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NewsUK inflation jumps to 2.9% in August
The UK Consumer Prices Index jumped to a higher than expected 2.9% in August from 2.6% in July, driven by record price rises in clothing and footwear.
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NewsAldi contributes £8.5bn to economy, report finds
The figure represents 0.5% of the UK’s total gross domestic product in 2016
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NewsCity snapshot: Supermarket price inflation remains at 2.4%
Supermarket price inflation remained at its four-year high of 2.4% last month, with Tesco recording the largest increase in year-on-year prices. Plus Greene King’s share price plunges on warning over trading conditions, Diageo kicks off £1.5bn share buyback and all the latest news from the City.
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NewsRise in food and drink firms gunning for export growth in wake of Brexit
Food and drink producers are more optimistic about their growth prospects than they were a year ago as they plough more investment into expanding their businesses overseas in the aftermath of the UK’s decision to leave the EU, according to an annual industry report.
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NewsMeat, fish & poultry keeps inflation at four-year high
Rapidly rising protein prices are keeping supermarket inflation at four-year highs, according to the latest Grocer Price Index
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NewsCity snapshot: Solid August retail sales defy poor summer weather
UK retail sales rose 1.3% on a like-for-like basis in August according to the latest BRC-KPMG Retail Sales Monitor to shrug off the recent wet weather. Plus, the FTSE slides on North Korea worries, McBride boosted by Danish deal and all the latest news from the City.
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NewsAmazon price investment plan triggers global grocery fallout
More than $11bn was wiped off the value of the world’s largest supermarkets and food & drink manufacturers on 25 August
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NewsUK fruit and veg shields shoppers from rising prices in supermarkets
Home-grown fruit and vegetables have helped ‘keep a lid on’ rising prices in the supermarkets in August
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NewsSoft fruit industry demands seasonal worker scheme
Fruit growers report that in some areas up to 20% of seasonal workers have left farms and gone home
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NewsHalf of businesses say EU nationals planning to leave
Trade bodies from across the £110bn sector have warned of an “irreversible exit” of resources…
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NewsScottish business rates review proposes 'Growth Accelerator'
Review also suggested properties should be revalued after three years instead of the standard five…
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Comment & OpinionSettled grocery leaders could teach politicians a lesson
“I got us into this mess, I’ll get us out of it.” Imagine that applied to grocery…
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NewsUK inflation remains stable at 2.6%
The UK’s Consumer Prices Index remained unchanged in July at 2.6%, defying expectations that inflation would rise again last month.
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NewsCity snapshot: High street footfall slumps in July
High street footfall dropped a further 2.1% in July, according to the lateste figures from BRC/Springboard, leading to an overall 1.1% in retail footfall in the period. Plus, Tata Global Beverages disposes of China and Russia operations, a look forward to what’s happening in the City this week and all the latest news from the markets