All Economy articles – Page 50
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NewsCity snapshot: Grocery inflation surges to 2.4% in July
Grocery price inflation jumped from 1.6% to 2.4% in the month to 1 August with Tesco’s prices climbing by the largest proportion. Plus, the FTSE plunges but Coca-Cola HBC surges, a round-up of finance stories in The Grocer this week and all the rest of the latest news from the City
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NewsSupermarket prices rise at fastest rate for four years
Supermarket prices are growing at their fastest level for almost four years as the pressure on shoppers’ wallets mounts.
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NewsScots would 'stop buying Scottish' produce if prices rose 15%
A YouGov survey revealed three quarters of Scots prefer homegrown produce, but there were price limits to their loyalty
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NewsCity Snapshot: Food growth boosts slowing July retail sales
UK retail sales rose by 0.9% year-on-year in July as strong food sales supported weakening overall sales growth, according to the latest BRC-KPMG Retail Sales Monitor. Plus, Pets at Home sees quarter sales rise, Worldpay wants more time to tie-up merger and all the rest of the latest news from the City.
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NewsCity snapshot: UK consumer spending slumps to four-year low
UK consumer spending has fallen for the third consecutive month, according to Visa, marking the longest streak of spending decline for over four years. Plus, Worldpay UK boss moves to bookmaker Paddy Power Betfair, Carr’s Group makes acqusition and all the latest from the City
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NewsWrapped bread returns to value growth after four years of decline
Latest figures show that sales of a basic loaf continue to rise, due to soaring wheat prices and the impact of a weak pound
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NewsPoor children increasingly likely to be obese says NHS Scotland
New report says “actions to reduce the ‘obesogenic’ environment are urgently needed”
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NewsOver 2,500 products subject to shrinkflation over past five years
The phenomenon has pushed up inflation in the sugar, jam, syrups, chocolate and confectionery category by 1.12 points
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NewsEssex family food store forced to close after 17 years
The Food Company in Marks Tey, Colchester, will cease trading on 29 July
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NewsSurprise fall in inflation in June to 2.6%
Inflation in the UK unexpectedly slowed to 2.6% in June as falling petrol and diesel prices more than offset higher food bills, official figured revealed today.
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NewsShoppers to cut back on 'too expensive' fresh fruit & veg
One third of the 2,009 people who took part in the survey said they had cut down on sugar in the past year
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NewsConsumer price index to be used to calculate business rates
The government had originally committed to making the move last year, but the Bill failed due to the general election
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Comment & OpinionTax is back on the agenda. Only this time with a third world spin
Until Brexit, tax was one of the hottest issues in business. Starbucks, Mondelez, Google, Facebook, Amazon et al
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NewsCity snapshot: Consumer spending falls to four-year low
UK consumer spending has fallen to its lowest level in almost four years as rising inflation and stagnant wages have dampened demand for non-essentials items. Plus a look ahead at what’s scheduled on the markets this week and all the latest news from the City.
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NewsSainsbury's, Tesco, and Morrisons cut fuel by 2ppl
The latest reductions come after the price of Brent crude oil tumbled from $56 in April to $44 a barrel last week
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NewsElection result triggers collapse in consumer confidence
Consumer confidence is at the second-lowest level since the summer of 2013
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NewsWarm June weather boosts supermarket sales growth to multi-year high
Warm weather in June helped the UK grocers to their largest monthly year-on-year rise in sales since July 2013, according to market share data from Nielsen, while Kantar Worldpanel finds the best supermarket growth since March 2012.
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NewsBrits cut back on out-of-home eating in wake of Brexit vote
Visits not involving a deal or promotion were still growing faster than promoted visits
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NewsCo-operative model "more resilient in post-Brexit zeitgeist"
The UK Co-operative Economy 2017 report says Co-op values strike a chord with public’s mood amid upheaval
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NewsUK inflation jumps to 2.9%
The UK’s consumer prices index (CPI) measure of inflation rose to 2.9% in May, up from 2.7% in the previous month.