JD Sports profits fall as consumer finances strained
JD Sports Fashion reports a sharp drop in annual profits and sales, blaming the cost-of-living crisis for dampening consumer demand for trainers and athleisure wear.
Category : Search result: consumer economy
Hamburger Helper Sales Slump: A UK Recession Warning
A sharp decline in sales of the popular meal kit Hamburger Helper is being interpreted by economists as a significant warning sign of an impending UK recession, as households cut back on discretionary spending.
Food Inflation Drives Hamburger Helper Sales Surge in US
Soaring meat prices in the United States are driving a surprising resurgence in budget-friendly boxed meals, with Hamburger Helper sales surging as families seek affordable dinner solutions amidst the cost of living squeeze.
Warm Weather Boosts UK Retail Sales by 1.2% in September
Great Britain's retail sector enjoyed a significant boost in September as unseasonably warm weather drove consumers to purchase summer clothing, with sales volumes rising 1.2% according to the Office for National Statistics.
London's inflation crisis defies UK-wide cooling trend
Exclusive analysis reveals London's inflation rate remains significantly higher than the UK national average, creating a severe cost-of-living crisis for the capital's residents despite the Bank of England's efforts.
UK Consumer Confidence Stagnates at -22, GfK Reports
British consumer confidence remains stuck at a deeply negative -22 in January, as high living costs and a bleak economic outlook continue to weigh heavily on household sentiment, according to the latest long-running GfK survey.
UK Borrowing Rises as Consumer Confidence Slumps
New ONS data reveals a sharp rise in UK public sector borrowing alongside falling consumer confidence, creating a challenging backdrop for Chancellor Rachel Reeves's upcoming autumn budget.
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.
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 Plummets to 2.3%, Nearing BoE Target
In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting the Bank of England's 2% target. Discover what this means for interest rates, mortgages, and the cost of living crisis.
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.
Millions of Brits Too Scared to Enjoy Outdoors Due to Costs
Shocking new research shows the UK's cost-of-living crisis is forcing families to cancel summer plans, with millions too worried about finances to enjoy simple outdoor pleasures.
Emirates Premium Economy Review: Is The Upgrade Worth It?
Considering an upgrade to Emirates Premium Economy? Our in-depth review breaks down the seats, service, and overall value on the Airbus A380 to help you decide if it's worth the extra cost for your next long-haul flight.
Reeves: Russia's Sanction-Hit Economy is a "Failure"
Shadow Chancellor Rachel Reeves delivers a scathing critique of Russia's economic collapse under sanctions, contrasting it with the UK's resilience and outlining Labour's plan for economic security.
Reeves slams Barclays over Tube cash decision
Chancellor Rachel Reeves condemns Barclays' move to scrap cash services at London Underground ticket offices, vowing government action to protect access to physical currency for vulnerable communities.
UK Economy Flatlines in July with 0.0% Growth
New official data reveals the UK economy showed zero growth in July 2025, dealing a blow to Chancellor Rachel Reeves's economic strategy and raising fears of a prolonged stagnation.
UK Economy Stalls as July GDP Shows Zero Growth
New ONS data reveals the UK economy showed zero growth in July, with rising inflation and weak consumer confidence putting a brake on recovery. Key sectors like services and production stagnated.
US Government Files Major Lawsuit Against Uber Over Safety
The US Department of Justice has launched a major lawsuit against Uber, accusing the ride-hailing giant of operating an 'illegal' service with 'significant public safety risks'. The case centres on allegations that Uber's 'wait time' fees and driver scree
Primark owner warns Chancellor over budget consumer 'whack'
ABF, the retail giant behind Primark, urges Rachel Reeves to avoid measures that could further damage fragile consumer sentiment in the upcoming autumn budget.
US Inflation Outpaces Wages, Census Data Reveals
Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.
The Good Guys fined £1.1m for misleading sale
Australian electronics retailer The Good Guys has been fined a staggering $AUD 2.1 million (£1.1m) by the Federal Court for running a deceptive 'Massive Sale' that misled customers on pricing and discounts. The ACCC investigation revealed widespread non-c
Billionaire Blasts Trump's 'Risky' Economic Policies
Prominent billionaire and former Trump supporter issues a stark warning, claiming the President's financial strategies are jeopardising the economic security of ordinary Americans and their hard-earned savings.
French PM: Avoid Britain's Tax Mistakes Amid Crisis
France's Prime Minister Gabriel Attal issues a stark economic warning against following Britain's high-tax model as he faces a critical no-confidence vote. Analysis of Europe's deepening financial crisis.
Japan's Stock Market is a 'Bubble', Warns Senior Politician
Exclusive: In a startling intervention, a senior Japanese statesman warns the nation's roaring stock market is overheating and echoes the dangerous 'bubble economy' of the 1980s, urging immediate government action.
UK Retail Sales Crash to Post-Pandemic Low
New data reveals a sharp decline in UK retail sales, with supermarkets hit hardest as consumers grapple with the ongoing cost-of-living crisis and cut back on essential spending.
Reeves vows fiscal discipline as 'green Chancellor'
In her inaugural Mais Lecture, Labour's Shadow Chancellor Rachel Reeves pledges to be 'Britain's first green Chancellor' while committing to strict fiscal rules, marking a significant shift in economic policy.
Australian Household Spending Surge Defies Economic Gloom
New data reveals Australian households are spending more than expected, providing a crucial boost to the nation's economy and helping to counter weak growth in other sectors.
Martin Lewis Slams ITV Over 'Misleading' Advert
Money Saving Expert founder Martin Lewis publicly criticises ITV for airing an advert he claims dangerously mimics his trusted style, potentially misleading vulnerable viewers.
Lewes Launches Local Currency Voucher Scheme to Boost Economy
The historic town of Lewes in East Sussex revives its iconic local currency with a modern voucher system to support independent businesses and strengthen community resilience post-pandemic.
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