All Economy articles – Page 6
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News
Rachel Reeves pushes for ‘Brexit reset’ and Trump partnership in economic speech
The Chancellor delivered her speech outlining plans to grow the UK economy on Wednesday
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Media Bites 29 January: Rachel Reeves speech, Diageo, WH Smith and Starbucks
Chancellor Rachel Reeves will give a speech later this morning
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Food businesses shouldn’t expect growth in 2025 amid Trump tariffs and inflation, IGD says
The IGD report said the potential for ‘stagflation’ in 2025 was high
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AHDB data torpedoes government position on Inheritance Tax impact
Independent analysis by the the non-departmental government body are at significant odds with the government’s own claims
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January promotions keep prices down, but tough times are ahead
Food inflation eased yet food prices continue to rise at their fastest rate since April 2024
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Riverford founder slams supermarket ‘hypocrisy’ over IHT campaign support
Guy Singh-Watson said supermarkets should improve buying practices and treat suppliers fairly, following their declarations of support this week
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City snapshot: Consumer confidence sinks and more businesses teeter on the edge of collapse
Confidence in the UK economy has plummeted as consumers worry about ‘dark days’ ahead, according to a closely watched survey out this morning. Plus, there has been a ‘worrying surge’ in the number of UK businesses entering ‘critical’ financial distress in the final quarter of 2024
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Media Bites 23 January: supermarkets calls on IHT, recession fears, CMA, EU relations
Today’s headlines focus on supermarket support for a pause to government inheritance tax reform for farm business, plus growing concerns over the economy
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Comment & Opinion
Doug Gurr running the CMA: what could possibly go wrong?
There is clearly still grrr in the Gurr, with the 60-year-old today announced as the new interim chairman of the Competition & Markets Authority
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News
Foot and mouth outbreak: industry urges better border control amid growing farmer concern
Defra halted all meat and dairy imports from Germany last week after an outbreak of foot and mouth disease was detected outside Berlin
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News
Tesco, Lidl, Co-op and Aldi call for ‘pause’ on ‘Family Farm Tax’
Tesco CCO Ashwin Prasad said the retailer wanted a halt in the rollout of inheritance tax reforms and was calling for a long-term government vision for farming
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Comment & Opinion
Trump tariffs delay provides some respite – for now
Season two of the Donald Trump show is now on, with tariffs and further plot twists certainly awaiting
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News
Trump tariffs: food businesses avoid ‘day one’ fees but uncertainty remains
US president Donald Trump has delayed imposing tariffs on imported goods
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News
Irish food and drink exports to UK hit record numbers in 2024 despite Brexit challenges
This is according to new figures by Bord Bia, Ireland’s food board
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News
Tesco calls for ‘clear’ government plan on sustainable farming
The retailer this week announced new plans to set up two low-carbon concept farms in its supply chain to trial low-carbon farming methods
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Comment & Opinion
Why Steve Reed will need more than a ‘new deal’ to get farmers back onside
The environment secretary promised that ‘change is coming’ at today’s Oxford Farming Conference – but farmers hoping for a reversal of Inheritance Tax reforms were sorely disappointed
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News
Christmas retail deflation likely to be temporary reprieve
Shop prices fell in December, according to the monthly BRC-NIQ shop price index, but the report predicts economic headwinds this year will see the return of higher prices
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Media Bites 6 January: Ocado, budget fears and ‘fat cats’
Ocado gave short-sellers their biggest profit yet in 2024, due to its demotions from the FTSE 100
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City snapshot: price hikes set for 2025 as business confidence slumps
Businesses in the UK are preparing to hike prices in 2025 to deal with the “pressure cooker of rising costs and taxes”, according to a survey by the British Chambers of Commerce. Plus, looking ahead to the Christmas trading updates due this week
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News
Brexit reduced UK exports by £27bn with smaller businesses taking biggest hit
A new report by the Centre for Economic Performance (CEP) revealed small businesses have been worst hit by a Brexit-driven drop in exports