more economy news & analysis – Page 10
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News
City snapshot: UK retail sales fall in March as shoppers cut back
UK retail sales volumes fell back in March as soaring inflation, food availability and wet weather hit shopping activity
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Comment and Opinion
Compostable plastic was never the answer. But a circular economy is still possible
The world of innovation is moving fast, leapfrogging ‘less bad’ solutions to a better way entirely, says Siân Sutherland, co-founder & chief, A Plastic Planet and PlasticFree
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Comment and Opinion
The food industry can’t sit back and be villainised for rising food prices
Commentators sympathetic to the government are surmising someone must be taking advantage of our national economic difficulties to make an unrequited profit, says Ian Wright, co-chair of the Food & Drink Export Council
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News
City snapshot: Food prices race to 45-year high to keep UK inflation higher than hoped
Soaring food prices have contributed to a higher-than-expected inflation rate in March, according to the latest government figures. Plus, Heineken and Just Eat Takeaway report first quarter results, while Cake Box issues a full-year trading update.
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Whitepapers
3 trends fmcg brands should watch in 2023
With consumers habits constantly changing, learn how consumer goods companies globally are transforming their strategies as trends take shape.
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News
Media Bites 12 April: Sainsbury’s/Nectar, Black Sheep Brewery, UK economy
Sainsbury’s has begun offering lower prices on more than 300 items to members of its Nectar loyalty card scheme in a move that will rival Tesco’s Clubcard scheme
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News
City snapshot: Mother’s Day boosts retail sales, but growth lags inflation
Mother’s Day boosted UK retail sales growth in March, but wet weather and consumers cutting back meant overall growth lagged well behind inflation
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News
City snapshot: UK supermarket sales growth continues to lag inflation
UK supermarkets posted double-digit growth in March, but sales growth continues to lag food price inflation, according to new grocery market share figures
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News
City snapshot: Grocery price inflation hits new high of 17.5%
Grocery price inflation reached a new high of 17.5% over the four weeks to 19 March, costing households an additional £837 on their annual supermarket bills. Plus, Diageo names new CEO, Ocado Retail sales edge up in first quarter, AG Barr posts strong annual growth amid margin compression and all the rest of the latest news from the City
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Analysis and Features
How Britain’s 100 biggest brands are innovating through a cost of living crisis
NPD is expensive and risky. Some brands have pulled back, but others are reaping the benefits of thinking long term and investing accordingly Britain’s biggest grocery brands have faced a hectic 12 months. Against a backdrop of inflationary pressures and ongoing supply chain disruption, they’ve been locked in negotiations with ...
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News
City snapshot: Retail sales return to pre-Covid levels as consumer confidence edges up
Retail sales have jumped by more than expected in February despite the inflationary challenges facing consumers, according to new data published this morning. Plus, consumer confidence also rises in March
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News
Meat-free growth tailing off as retailers shrink ranges
The number of meat alternative lines in the traditional big four and Waitrose fell 10.9% during the six months to 20 March
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Comment and Opinion
Budget: businesses like ours need childcare support and green incentives now
There were two incredibly important announcements in the budget, but they don’t go far enough to encourage growth, says Jamie Keeble, co-founder of Heck
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News
Salad shortages fuels surprise jump in inflation as food prices soar 18%
Food price inflation has hit a 45-year high of 18% amid shortages of fruit and vegetables, according to the latest data out this morning
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Comment and Opinion
Budget fails to alleviate pressure on companies caught in cost of living crossfire
After the chaos unleashed by the mini-budget last November, Jeremy Hunt’s ‘steady as she goes’ budget was not exactly unwelcome – though it left grocery industry participants frustrated that more help isn’t being offered
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News
M&S chief says spring budget should pause incoming regulation for retail
‘We would ask for no further legislative burden acting as a drag on business from unnecessary taxes or regulation,’ said Machin
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Analysis and Features
Grocery’s spring budget wish list: what are the odds?
Ahead of this week’s red box reveal, here’s what heads up the sector’s wish list – along with best-guess odds in the face of reality
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News
City snapshot: Footfall growth slows as high streets and shopping centres outperform retail parks
According to the monthly BRC-Sensormatic IQ Footfall Monitor UK retail footfall fell back in February after Christmas and the January sales amid concerns that shoppers are making fewer visits to the shops due to pressures on the cost of living
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News
Welsh wholesalers relieved as public sector food reforms confirmed as England-only
The new model proposed for England will see a prime supplier awarded a single contract to service the entire public sector
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News
Grocery inflation hits new 17.1% high as discounter growth soars
Grocery price inflation has soared to a new high of 17.1% as the discounters continue to rapidly take share from the major supermarkets