All Economy articles – Page 8
-
News
City snapshot: Christmas retail sales plunge as consumers cut back
Retail sales slumped by 3.2% in December, which was the worse monthly drop since the depths of the coronavirus pandemic, as consumers cut back in the run-up to Christmas.
-
Comment & Opinion
‘We told you so!’ Why booze duty hike drove inflation rise
Industry figures warned duty changes in the summer would drive prices up. Now that chicken is coming home to roost
-
Comment & Opinion
We must think long term to avoid a race to the bottom
Asda price matching the discounters signals a new phase, says Patrick Finlay, MD at The Category Management Company
-
News
Food manufacturers struggling more with inflation than other sectors
Food manufacturers’ margins have been squeezed in 2023 as retailers fought hard against cost price increases
-
News
City snapshot: Cigarettes and alcohol behind surprise jump in inflation
Rising alcohol and tobacco prices have contributed to an unexpected increase in the annual rate of inflation in December. Plus, Hotel Chocolat shareholders vote on Mars deal, Just Eat Takeaway and Wincanton issue trading updates and Gusbourne appoints a new boss
-
News
Ben & Jerry’s board calls for permanent ceasefire in Gaza
The ice-cream maker’s independent board of directors has called for a permanent ceasefire in Gaza
-
News
City snapshot: UK economy returns to growth amid Black Friday spending boost
The UK economy beat market expectations to return to monthly growth in November, helped by the impact of the Black Friday retail event and fewer strike actions
-
News
City snapshot: Grocery spending hits record £4.8bn in Christmas week
Sales at the UK supermarkets reached a record high of £4.8bn during the week leading to Christmas
-
Comment & Opinion
How slowing inflation will shape growth tactics in 2024
Our expectation is that volume growth will be the primary focus, says Alex Lawrence, senior strategic insight director at Circana
-
News
City snapshot: UK retail footfall weakens in damp December
Wet weather and the cost of living crisis combined to drive a sharp reduction in UK retail footfall over the Christmas period. Plus Asda to price match the discounters and Supreme buys FoodIQ UK from administration
-
Comment & Opinion
Dairy farmers need support to improve systems for people and animals
Dairy processors, retailers, food manufacturers and foodservice companies can all take steps to transform dairy, says Dan Crossley, executive director at the Food Ethics Council
-
Comment & Opinion
What’s driving your product and pricing decisions?
As we enter the new year, the UK economy is still in the grip of uncertainty, say Julie Neal, director, and Sabine Sayer, managing consultant, at management consultancy, Vendigital
-
News
City snapshot: Consumer confidence edges upwards ahead of Christmas
Consumer confidence rose again in December as lowering inflation underpins more confidence in the UK’s economic prospects for 2024
-
News
City snapshot: UK shoppers save now to spend £5bn on food during Christmas week
Grocery sales growth slowed in November as shoppers delayed spending on food and drink to take advantage of seasonal promotions during Christmas week. Plus, the CMA opens a probe into Unilever around claims of “greenwashing” and Pepco posts record sales but profits fall back
-
News
City snapshot: Black Friday fails to rally UK shoppers amid bleak November
Top story Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in another disappointing month for retailers, according to figures from accountancy firm BDO. According to BDO’s High Street Sales Tracker, total like-for-like sales in November fell by 0.3% compared to ...
-
Comment & Opinion
Profits and purpose are more closely related than you think
Purpose-led business could generate a £149bn boost to the UK economy every year, says Pip Murray, founder & CEO at Pip & Nut
-
News
City snapshot: Grocery sales set hit to £13bn this Christmas despite sales slowdown
Grocery sales are expected to surpass £13bn for the first time this Christmas despite supermarket sales growth continuing to lag slowing inflation
-
News
Obesity will cripple economy without government action, warns Henry Dimbleby
Dimbleby will cite new figures from the Tony Blair Institute claiming obesity is already costing the country £10bn a year and will soar to £100bn in the next 15 years
-
Comment & Opinion
Poor maths and anti-brand bias are the flaws in the CMA’s new report
The clumsy and manipulative presentation of the CMA’s findings left the door open to unwarranted criticism of brands, says David Sables, CEO of Sentinel Management Consultants
-
News
UK urged to boost Morocco trade ties as fruit & veg imports grow
UK buyers are increasingly turning to Moroccan fresh produce over produce from traditional European countries