All Economy articles – Page 8
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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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News
UK 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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News
UK 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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News
High 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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News
City 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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News
Suppliers 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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News
City 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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News
Grocery 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.
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News
Deflation hits supermarket prices for first time in two years
The Grocer Price Index has found that supermarket prices are back in deflation for the first time in almost two years.
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Analysis & Features
Food and drink winners and losers in the 'giveaway' Budget
There were changes to business rates, online taxation, the national living wage and duty
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News
Single-use plastic tax 'nightmare' timing for food and drink
Chancellor Philip Hammond has announced plans for a new tax on plastic packaging that isn’t 30% recycled
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Comment & Opinion
Chancellor’s Budget plonks wine trade right in it
Freezing duty for beer, (most) cider and spirits but not wine is hugely unfair and deeply damaging
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News
City snapshot: Chancellor to announce High Street rates relief
The Chancellor is set to attempt to ease the pressure high street retailers by cutting business rates bills by a third for almost half a million small high street shops, Patisserie Valerie is the centre of takeover bid and the rest of the City news
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Analysis & Features
Can the food & drink supply chain cope with rising costs?
Currency swings, supply shortages, mergers and Brexit are escalating commodity volatility
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News
City Snapshot: Supermarket price inflation slides to 0.1%
Price rises triggered by the post-Brexit fall in the pound have almost completely subsided as supermarket price inflation reached its lowest level for 20 months, Produce Investment’s falls to a £9.5m loss and the rest of the news from the City
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News
Supermarket price inflation at lowest level for 20 months
The Grocer Price Index edged back up to 0.1% in September but is still at its lowest level for months
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Analysis & Features
OC&C Top 150 2018: On the edge
No sooner has the industry’s growth engine finally spluttered into life, than suppliers find themselves hurtling towards a potential no-deal Brexit
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News
Glow of summer grocery sales boom begins to fade
The hot weather triggered a bumper summer for the grocers, but the latest market share data suggests spending has slowed in more recent weeks.
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News
Industry leaders call for 'urgent clarity' over exports plans
The response comes to a new government export strategy that was unveiled this week
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News
Hot weather and branded growth boost supermarket sales by 3.5%
Growth of branded products, which outstripped own-label sales for the first time since May 2015, helped grocery sales rise 3.5% over the 12 weeks to 12 August according to Kantar Worldpanel.
