Inflation

Falling inflation may be halted as Russia pulls out of grain deal, BRC warns

The British Retail Consortium (BRC) has warned that falling inflation is likely to slow after Russia withdrew from the Black…

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Travis Perkins profits plummet 31% in H1

Travis Perkins has seen its operating profit plummet 31% to £112m in the first half of the year, reflecting weak…

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Poundland brings back £1 price point amid lessening inflation

Poundland has today (25 July) reduced the price of big brand “family favourite” products, many of which went back to…

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Leading retail associations ask Ofgem to challenge hidden energy costs

Leading associations from sectors including retail have signed an open letter organised by leading not-for-profit energy consultancy Box Power CIC…

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Retail competition not responsible for high food inflation, CMA finds

A new report from the Competition and Markets Authority (CMA) has found that high food price inflation has not been…

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Consumer confidence falls in July

Consumer confidence index dropped six points in July to -30 as “reality bites” resilient consumers amid rising inflation and interest…

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Dunelm ups FY guidance after strong final quarter

Dunelm has seen full-year revenues rise by 6% to £1.64bn, after a period of “robust” growth in its final quarter,…

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Inflation falls faster than expected in June

The rate of price rises has fallen to 7.9% in June, down from 8.7% in May, according to the latest…

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Hotter Shoes rescued through Woolovers deal

The future of footwear retailer Hotter Shoes has been secured following a sale of the business to Woolovers Group. Will…

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Tesco explores freehold acquisitions to combat inflation

Tesco is reportedly looking to acquire the freeholds of more stores in order to minimise its lease liabilities and reduce…

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