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retail industry

Poor families hit as UK inflation rises to 1% – as it happened

Poor families hit as UK inflation rises to 1% – as it happened

Government’s freeze on in-work benefits means many families will suffer as the cost of living rises IFS says poor families suffer through benefit freezeNEWSFLASH: CPI jumps to 1%PwC: Inflation is
Warnings over rising food prices as UK inflation hits near two-year high of 1%

Warnings over rising food prices as UK inflation hits near two-year high of 1%

Rising petrol and clothing prices drive increase in cost of living, with falling pound starting to make imports more expensiveBritain’s biggest supermarket has warned that dearer food prices triggered
Tesco boss: 'Food price inflation could be lethal for struggling millions'

Tesco boss: 'Food price inflation could be lethal for struggling millions'

Matt Davies points to damaging effect on economy, retailers, manufacturers and shoppers as data shows grocery deflation contractingTesco’s UK boss has warned that food price inflation could prove
Cinemas, pubs and winter clothes boost consumer spending

Cinemas, pubs and winter clothes boost consumer spending

Barclaycard says spending rose 5.5% in October, but warns spending growth could subside amid inflation fearsBumper box office takings, strong trade in pubs and a rush for winter clothes drove a solid
Sugar-free drinks not such a sweet deal | Brief letters

Sugar-free drinks not such a sweet deal | Brief letters

Sugar levy | Migraine cure | Sweary women | Age-inappropriate clothing | CetaIn today’s Guardian there was a Tesco advert proudly stating that all their 251 drinks will be below the government’s
Hammond urged to protect poorest from long-term rise in inflation

Hammond urged to protect poorest from long-term rise in inflation

Chancellor gets surprise boost as UK inflation rate dips to 0.9% but analysts expect cost of living to climb as rising costs feed through to consumersPhilip Hammond was on Tuesday being urged to
UK retail sales surge due to colder weather and Halloween

UK retail sales surge due to colder weather and Halloween

Consumers remain defiant despite Brexit uncertainty and inflation fears as sales grow at fastest annual pace for 14 yearsA surprise leap in retail sales volumes last month has boosted hopes the UK
Bringing home the bacon? Price of pork hits two-year high

Bringing home the bacon? Price of pork hits two-year high

Analysts report 18% increase in wholesale price of pork as food manufacturers and retailers face commodity price swings and weak sterling after Brexit votePigs in blankets might have to be rationed
Black Friday night’s all right for fighting

Black Friday night’s all right for fighting

The American ‘shopping event’ that has travelled to Britain is coming around again. But our bouts of fisticuffs at the tills don’t compare with theirsThey say that what starts in the US inevitably
Last of big spenders: UK Black Friday to be final hurrah before prices rise

Last of big spenders: UK Black Friday to be final hurrah before prices rise

This year’s shopping sales extravaganza is likely to have a feel of going, going, gone, with many items set to get more expensiveAs the clock ticks down to Black Friday, aggressive promotions on
Theresa May should ignore objections to publishing pay ratios | Nils Pratley

Theresa May should ignore objections to publishing pay ratios | Nils Pratley

Disclosing the difference between the chief executive’s pay and a company’s median earner is a modest proposal whose time has comeExecutive pay reforms do not come much more modest than the idea of
The Guardian view on British business: stop stroking the fat cats | Editorial

The Guardian view on British business: stop stroking the fat cats | Editorial

Companies run like piggy banks for a select few are crippling our economy. The practice must stopAs important as the detail of the government’s proposals to change the way big businesses are run is
Consumer and business confidence tumbles in November, surveys find

Consumer and business confidence tumbles in November, surveys find

Consumers view economy with increasing despondency as businesses worry recovery after Brexit vote is starting to recedeConsumer and business confidence tumbled in November amid concerns the UK economy
Yes, Italy’s constitution needs fixing. But not as urgently as its banks do

Yes, Italy’s constitution needs fixing. But not as urgently as its banks do

Sunday’s referendum has become a vote on a cocktail of problems and pressing national issues. But its most far-reaching impact will be a financial one‘All Italians know the government has a problem

UK service sector recovers after Brexit dip but inflation looms

Markit forecasts economy will grow by 0.5% in final quarter as Barclaycard finds consumer spending is still rising The UK economy is on course for a solid finish to the year after activity in the
UK food prices will rise without EU workers, say trade groups

UK food prices will rise without EU workers, say trade groups

Food and drink industry flags up labour shortages as EU workers leave after Brexit vote or stay away due to fall in poundFood prices will rise unless the government ensures EU citizens can work in the
Brexit and price hikes push up the cost of Christmas for Britons

Brexit and price hikes push up the cost of Christmas for Britons

Pound’s slump and rising production costs mean consumers are feeling the pinch as they stock up for the festive season The Brexit blow to the pound coupled with commodity price hikes is squeezing
CBI health check reveals UK Christmas shopping splurge

CBI health check reveals UK Christmas shopping splurge

December sales beat forecasts but shops expect spending power to wane in 2017 as weak pound fuels inflationRetailers have been enjoying their strongest sales growth in more than a year amid signs from
Boxing Day shoppers expected to splash out before Brexit price rises

Boxing Day shoppers expected to splash out before Brexit price rises

High street retailers braced for surge in sales as millions flock to snap up bargain deals on tech, home and consumer goodsMillions of Britons are expected to flock to the shops on Boxing Day as they
Boxing Day footfall tumbles as shoppers go online

Boxing Day footfall tumbles as shoppers go online

Shopping centres report 15% decline in footfall while luxury retailers enjoy boom after drop in sterlingBritish bargain hunters have shunned high streets and shopping centres this Boxing Day,