Helen Dickinson news, features and comment – Page 22
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NewsCity snapshot: Ocado slumps to £215m loss as Andover fire hits profits
Ocadoreports strong results despite the impact of a fire at its Andover CFC last year, M&S snaps up Greencore CFO and Cranswick buys leading UK pig farm
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NewsCity snapshot: UK shop prices continue to fall but food prices accelerate
Despite overall decline, food prices accelerated in January as discounting returned to a more normal level following Christmas
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NewsUK retail sales suffer ‘worst year on record’ in 2019
2019 marked the first year to show overall decline in retail sales
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NewsTory victory: food and drink industry reacts to general election result
Key industry observers have been sharing their initial reactions to the result and offering predictions for the weeks and months ahead
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NewsFood and drink attention turns to new Brexit deadline as Conservatives sweep to victory
Industry demands end to uncertainty and smooth Brexit after Tories secure overall majority
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NewsCity snapshot: UK retail sales pick up in November amid Brexit respite
On a total basis, adjusted for the later timing of Black Friday, sales rose 0.9% in the four weeks to 23 November
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NewsUK shop prices fall for the sixth consecutive month
UK shop prices declined for the sixth consecutive month in November, amid a fall in dairy prices and easing fresh foods inflation
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NewsBRC calls on next government to reform business rates & apprenticeship levy
Measures seen as essential for retail to continue supporting communities have been set out in the BRC’s ‘Vision for the UK’
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NewsCity snapshot: October rain leads to UK retail footfall plunge
Retail footfall suffered another steep drop in October as the autumn rain kept shoppers at bay. Plus, Greggs upgrades profit expectations on strong sales performance, Prosus publishes Just Eat offer document and all the rest of the latest news from the City.
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NewsRetail sales recover in October as bigger discounts encourage spending
On a total basis, sales rose 0.6% in the four weeks to 26 October
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NewsBusiness rates system ‘unacceptable’ Treasury Select Committee concludes
Today’s report was dismissive of previous attempts to soften the blow of rates on retailers
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Comment & OpinionA 12 December general election comes too late to boost consumer confidence
As one source put it: “The election creates uncertainty about whether there could be even more uncertainty.”
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NewsCity snapshot: Retailers turn hopes to ‘golden quarter’ as prices drop
UK shop prices continued to slide in October, marking the fifth consecutive month of decline as retailers hoped to reverse weak sales with greater discounts. Plus non-execs step down at Sainsbury’s, Mondelez raises guidance on emerging markets growth and all the rest of the latest news from the City.
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Analysis & FeaturesBrexit extension granted: food and drink industry players react
Food and drink industry leaders have been given their reaction to another Brexit delay
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Analysis & FeaturesBoris Johnson’s Brexit deal: food and drink industry leaders react
MPs are set to vote on the deal in parliament tomorrow
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NewsCity snapshot: UK retail footfall continues to plunge
Retail footfall has dropped once more in September as consumer caution ahead of Brexit increased.
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NewsUK sales hit record low as Brexit woes continue
Like-for-like retail sales shrunk by 1.7% in September from a fall of 0.2% in 2018
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NewsBrexit uncertainty pushes retail sales to ‘new record low’ in September
UK retail sales slumped 1.3% in September, crumbling to a “new record low” for the month
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NewsCity snapshot: Tesco CEO Dave Lewis to step down
“I believe that the tenure of the CEO should be a finite one and that now is the right time to pass the baton,” he said.
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NewsFood and drink leaders meet Michael Gove to urge Brexit chaos prevention
Gove met with industry bosses and business secretary Andrea Leadsom on Wednesday