Helen Dickinson news, features and comment – Page 28
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NewsSoaring inflation adds £273m to business rates bill
The Retail Prices Index has rapidly increased from 2% last September
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Analysis & FeaturesHow food to go will tackle EU worker exodus
In lieu of clarity from the government, businesses are formulating a backup plan
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NewsApprenticeship Levy blamed for decline in new starters
Last August, the BRC said it supported the levy’s aims and “wanted it to succeed”…
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NewsCity snapshot: Footfall declines for third consecutive month
The number of shoppers on the high street declined for the third month in a row in September in a sign that consumers are starting to tighten their purse strings, new figures have shown. Plus, Hilton Food Group expands its packing capability in New Zealand.
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NewsCity snapshot: Bakkavor kicks-off £100m London float
The UK’s biggest ready meals supplier Bakkavor has announced its intention to raise £100m by floating a portion of its shares on the London Stock Exchange. Plus, higher food prices drive up September retail sales according to BRC/KPMG, Marton’s updates the market on full-year performance and all the rest of the latest news from the City
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NewsBRC warns over Brexit impact to retail employees
Consumers will “pay the price” unless the UK “provides certainty” for people from the EU working in retail in the UK and agrees an immigrations system “fit for future”, according to the British Retail Consortium.
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NewsMedia Bites 4 Oct: Tesco trial, Britvic/Unilever, 2 Sisters, Greggs
A number of senior Tesco staff resigned and “people were in tears” because they felt so “compromised” about being asked to “misreport” profits, a court has heard.
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NewsRichard Pennycook to take over as BRC chairman
Pennycook stepped down as CEO of the Co-operative Group in March
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NewsCity snapshot: ABF buys Italian balsamic vinegar producer Acetum
Associated British Foods has acquired Acetum, an Italian producer of balsamic vinegar of Modena, as it upgrades its full-year earnings forecast due to the weak pound.
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NewsCity snapshot: Solid August retail sales defy poor summer weather
UK retail sales rose 1.3% on a like-for-like basis in August according to the latest BRC-KPMG Retail Sales Monitor to shrug off the recent wet weather. Plus, the FTSE slides on North Korea worries, McBride boosted by Danish deal and all the latest news from the City.
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NewsUK fruit and veg shields shoppers from rising prices in supermarkets
Home-grown fruit and vegetables have helped ‘keep a lid on’ rising prices in the supermarkets in August
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NewsCity snapshot: 'Strong' travel performance keeps WH Smith on track
WH Smith has said this morning that its annual results will be in line with expectations, with the travel division of branches in airports and train stations continuing to put in a “strong performance”. Plus, food price inflation accelerates in August as ambient prices rise at fastest price for almost four years; and M&S opens talks with franchise partner Al-Futtaim for potential purchase and franchising of the owned retail business in Hong Kong and Macau.
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NewsBRC warns of major post-Brexit fresh produce shortages
Bare shelves and soaring prices witnessed during the lettuce and courgette shortages ‘could be repeated on a grand scale’
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Comment & OpinionFive big questions for food & drink from today’s post-Brexit customs plan
From food safety to the Irish border, we take a look at the key issues raised by today’s customs proposals
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NewsFood and drink industry leaders welcome interim EU trade plan
But trade bodies warn there remain huge obstacles to the “freest and most frictionless possible” deal envisaged
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NewsCity snapshot: High street footfall slumps in July
High street footfall dropped a further 2.1% in July, according to the lateste figures from BRC/Springboard, leading to an overall 1.1% in retail footfall in the period. Plus, Tata Global Beverages disposes of China and Russia operations, a look forward to what’s happening in the City this week and all the latest news from the markets
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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: Irn-Bru revamp boosts AG Barr sales but margins squeezed
A revamp of Irn-Bru helped push sales at AG Barr up 8% to £136m in the first half
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NewsThe number of jobs in the industry falls 3.3% on a year ago
The latest BRC Retail Employment Monitor showed reductions in hours worked on both full-time and part-time contracts
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NewsUK shoppers brought on to high street by warmer weather
Overall footfall in June was 0.8% up on a year ago