Inflation

History of Subway: how a small sandwich shop became worth $10bn

Subway is a well known sandwich shop that sells subs. It’s a staple of most British high streets and at…

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Shop Price inflation hits 8.4% in February

Shop price inflation reached a record high in February amid warnings that consumers are unlikely to see prices dropping again…

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Travis Perkins closes 19 stores as its profits fall 20% to £192m

DIY retailer and building material supplier Travis Perkins has revealed it reduced its store estate by 19 branches and axed…

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M&S set to increase salaries by 7% from April

British retailer M&S will raise the salary of more than 40,000 customer assistants by 7%, in a bid to help…

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Grocery price inflation hits record 17% in February

Grocery price inflation rose to a record 17.1% in the four weeks to 19 February 2023, according to marketing data…

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Primark owner raises guidance after better than expected trading

Primark owner Associated British Foods (ABF) has announced that it is raising its full-year guidance after Primark traded unexpectedly well.…

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UK consumer confidence rebounds to highest level since April 2022

UK consumer confidence has bounced back in February to its highest level in almost a year, demonstrating consumers’ resiliency in…

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Inflation falls to 10.1% in January

Inflation slowed for the third consecutive month in January to 10.1%, down from 10.5% in December, but remains close to…

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Dunelm profits fall 17% despite sales increase

Home retailer Dunelm has announced a 17% fall in its pre tax profits to £117m, down from £141m, for the…

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UK narrowly avoids recession as economy flatlines in Q4

The UK economy narrowly avoided recession as the latest figures from the Office for National Statistics (ONS) shows there was…

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