Inflation

Unemployment falls to lowest level since 1974

Unemployment has fallen to its lowest level since 1974, currently sitting at 3.6% for the three months to July, according…

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Aldi becomes Britain’s fourth largest supermarket as inflation hits

For the first time ever, Aldi has become Britain’s fourth largest supermarket, as discount grocers continue to benefit from customers…

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BoE delays interest rates decision

The Bank of England (BoE) has delayed its interest rates decision for one week, following the death of Queen Elizabeth…

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Wilko restructures rent payments ahead of Christmas

The discount retailer, Wilko, is reportedly making changes to its rent payment schedule, according to The Sunday Times, as the…

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UK workers face £2,000 hit to real wages

UK workers are facing a £2,000 hit to their real wages by the end of 2022 as the UK economy…

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Asos hit by weak August sales as inflation weighs on shoppers

Asos has cautioned over profits after sales fell below expectations in August as it warned consumers may be reducing their…

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Why supply chain resilience is critical to retail survival

Between product and material shortages, soaring shipping costs and ongoing inflation, retailers are currently battling a number of supply chain challenges…

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Primark owner warns on lower profits

Primark’s owner, Associated British Foods (ABF), has warned of lower profits for the next fiscal year due to cost inflation,…

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Retailers call for strong leadership and high street support from new PM

The retail industry has urged Liz Truss to work alongside the sector and provide “strong leadership” amid the deepening cost-of-living…

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UK retail sales slow in August

UK retail sales slowed in August as total sales increased by 1.0% compared with  an increase of 3% in August…

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