The British Retail Consortium has also warned food prices are not "going anywhere but up" as a result of increased costs ...
Food prices are not “going anywhere but up” in 2025, the British Retail Consortium (BRC) has warned. In a statement released yesterday, the BRC said ...
Although it has dropped from highs of over 19 per cent in 2023, food inflation could hit near 5 per cent in 2025, according to predictions ...
Tesco ’s like-for-like sales, excluding VAT and fuel, rose 3.1 percent in the 19 weeks to January 4, helping the company to ...
The figures provide the latest evidence of how firms are scrambling to respond to the tax hike and as the boss of Marks & ...
The Centre for Retail Research estimate around 170,000 jobs were lost in the UK’s retail sector in 2024. This was the highest ...
The retailer has already revealed it will be facing a £120 million hit to its wage bill from recent Budget measures, and ...
Britain's biggest retailer Tesco on Thursday reported record sales for the key Christmas season but shares in the supermarket and wider retail sector slid on concerns for the UK economy.
Food prices are set to rise by an average of 4.2% in the latter half of the year, which will hit the poorest households the ...
Chancellor Rachel Reeves stands accused of having “fled to China” as crisis grips the economy while firms warn of lower wages ...
Shares plunged as boss Stuart Machin also cautioned of an ‘uncertain’ economic picture, taking the shine off bumper Christmas trading.
The British Retail Consortium said there is 'little hope of prices going anywhere but up' following recent Budget ...