Finance News – British Retail Consortium
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British Retail Consortium appoints its first female chair
The appointment of Jo Whitfield as the British Retail Consortium’s first female chair may influence industry leadership dynamics and potentially impact strategic decisions affectin...
Read Full Article →People in the UK: how have you been affected by the rise in food prices?
The recent surge in grocery expenses has placed greater financial pressure on households, especially those with limited income, leading to changes in purchasing decisions and budge...
Read Full Article →Food inflation jumps to 18-month high as chocolate and butter prices rise
The recent increase in prices for chocolate, butter, and eggs has contributed to the fastest growth in overall food costs in a year and a half, impacting household budgets and reta...
Read Full Article →Egg and butter prices drive up UK food inflation as households feel squeeze
The rising costs of essential dairy and poultry products are contributing to a noticeable increase in overall grocery expenses, intensifying financial pressure on UK consumers this...
Read Full Article →Rising UK food prices turn cash-strapped shoppers away from high street
Increasing costs for essential groceries in the UK have strained consumer budgets, leading to reduced spending at physical stores amid broader economic concerns affecting household...
Read Full Article →First-time buyer demand for furniture and the ‘lipstick effect’ boost June sales
In June, retail sales increased due to higher purchases of home furnishings and personal care products, reflecting improving consumer sentiment and favorable weather conditions com...
Read Full Article →Hot weather lifts UK spending as fans and sports gear add to sales
June experienced a 3.1% increase in consumer purchases compared to the previous year, reflecting a rebound influenced by warmer conditions and targeted discounts, despite ongoing f...
Read Full Article →Young Brits drive consumer confidence up while high-income households cut back
In June, increased optimism among younger individuals contributed to a slight rise in overall consumer confidence, despite reduced spending tendencies observed within higher-earnin...
Read Full Article →Retail footfall dips in May despite higher consumer confidence
The decrease in in-store visits during May suggests potential challenges for retailers, as consumer spending growth did not keep pace with increased optimism among shoppers.
Read Full Article →Beef drives food inflation to highest in a year
Rising beef costs have contributed to an increase in overall food prices, causing the annual inflation rate to reach 2.8% in May, the highest level recorded in the past year.
Read Full Article →UK food inflation rises for fourth month in a row as steaks beef up prices
The steady increase in the cost of fresh food, particularly meat, contributes to ongoing pressure on household budgets despite an overall decline in general price inflation across...
Read Full Article →Hard to swallow: food inflation rises for fourth month in a row
Rising food prices over several months indicate increasing costs for consumers and retailers, potentially impacting household budgets and business expenses due to new taxes and reg...
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