Tesco sales jump as grocery inflation persists
Britain's largest supermarket Tesco reports strong sales growth as consumers flock to value ranges, while Asda sees inflation ease but food prices remain high across UK supermarkets.
Category : Search result: retail inflation
Armed Raid on Woolworths Sparks UK Retail Crime Alert
Shocking armed robbery at Woolworths store highlights escalating retail crime wave sweeping Britain, with police hunting multiple suspects after dramatic staff confrontation.
Walmart expands in New York as Macy's closes stores
Retail giant Walmart announces ambitious expansion into New York City, opening new stores and creating hundreds of jobs while challenging established competitors.
Bank of England failing on food inflation - ex-official
Exclusive: Former Bank of England policymaker reveals institution is 'failing to grasp' the severity of food price inflation, drawing parallels to Alan Greenspan's historic errors in monetary policy.
Petco announces US store closures in major retail shakeup
Pet retail giant Petco announces significant store closures across the United States, joining growing list of retailers facing challenging market conditions and shifting consumer habits.
23 High Street Stores Face Closure in Latest Retail Blow
Another major blow hits the UK High Street as popular retailer confirms 23 store closures across England and Wales, leaving staff and communities reeling from the latest retail casualties.
Greggs hiking breakfast deal prices after weak summer sales
Britain's favourite bakery chain Greggs announces price increases on breakfast deals and selected items following disappointing summer trading and rising cost pressures.
Shoppers abandon trolleys as supermarket prices shock
New research reveals British shoppers are leaving full trolleys at checkout due to staggering price increases, with consumer confidence hitting record lows.
Tesco cuts prices on 700+ essentials amid cost crisis
Britain's largest supermarket launches major price-cutting campaign across dairy, pasta, and vegetables to help households combat rising living costs.
UK economy grows 0.2% in January, beating expectations
Britain's economy delivered an unexpected boost in January with GDP growing 0.2%, driven by strong retail and construction performance, though challenges remain ahead.
Retail tax hikes fuel shop price inflation surge
British retailers are implementing significant price increases as business rate rises and other taxes force them to pass costs to consumers, creating fresh inflationary pressure across the UK high street.
Greggs, Co-op and JD Sports close multiple UK stores
Dozens of high street locations face closure as leading retailers including Greggs, Co-op and JD Sports announce restructuring plans affecting communities across Britain.
Build-A-Bear's stunning profit surge defies retail odds
Discover how Build-A-Bear Workshop defied the retail downturn with a savvy digital pivot and experiential offerings, leading to a stunning profit surge and ambitious expansion plans across the UK.
Greggs & Pret Prices Soar Amid UK Food Inflation
New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.
UK's Best & Worst High Streets Revealed
Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.
FTSE 100 Tumbles as UK Economy Shrinks, Recession Fears Mount
The UK's FTSE 100 index faces a sharp sell-off as official data confirms a 0.3% economic contraction in the final quarter of 2023, fuelling investor anxiety over a potential recession.
Next boss: Living Wage hike risks 100,000 retail jobs
Next CEO Lord Wolfson cautions that the National Living Wage increase to £11.44 could trigger significant job losses and price rises across UK retail sector.
Bank of England holds interest rates at 5.25%
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.
Bank of England holds rates at 5.25% amid inflation concerns
The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates as inflation remains stubbornly above target, despite economic slowdown signals.
UK Inflation Drops to 2.3%, But Core Rate Stays High
UK inflation fell to 2.3% in April, its lowest level in nearly three years. While food prices are finally falling, core inflation remains persistent, delaying hopes for an imminent Bank of England interest rate cut.
Powell Warns: High Inflation to Delay Rate Cuts
Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.
UK Inflation Stuck at 3.8% in August
New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.
UK Inflation Holds Steady at 3.8% in July
UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.
UK Inflation Plunges to 2.3%, Nearing BoE Target
In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi
UK inflation holds at 3.8%, Reeves faces budget warning
UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.
Kmart's Global Takeover: The Aussie Retail Giant's Next Move
The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.
US Shoppers Defy Recession Fears with Surprise Spending Spree
New data reveals a stunning paradox in the US economy: consumer spending soars to a six-month high despite deepening recession anxieties and soaring inflation. Discover the sectors booming against the odds.
UK Food Inflation Could Hit 15% This Summer
Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.
Aldi slashes prices on 250+ items in supermarket war
Aldi has announced sweeping price cuts on over 250 staple items, from fresh produce to household essentials, in a major move to ease the cost-of-living burden for British shoppers and challenge rival supermarkets.
Aldi warns budget could force food price rises
Aldi's UK CEO Giles Hurley warns shoppers face significant price increases if the government's budget imposes new costs on retailers. Exclusive analysis reveals potential impact on household bills.
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