Inflation

Asda profits plunge 10% due to price cuts aimed to ‘return momentum’

Supermarket giant Asda has reported a 10% drop in profits for the full-year period up until 31 December 2017 attributed…

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Online retail jumps 19% in April

UK online retail sales went from strength to strength in April, up 18.8% year-on-year (YoY) according to the latest figures.…

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Retail consumer spending sees sharpest drop since 2012

Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…

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Morrisons announces strong start to 2018

Supermarket giant Morrisons has reported a strong start to 2018, with like-for-like sales increasing by 3.4% during the 13 weeks…

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43,000 retailers in ‘financial distress’

Nearly 43,000 retailers ended the first quarter of the year in a state of ‘significant’ financial distress, according to research…

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Fall in shop prices marks fifth year of deflation

Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British…

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Consumer confidence drops further in April

UK consumer confidence has dropped even further in the month of April, according to market research institute GFK. The institute’s…

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High street collapse down to higher business rates, says Colliers

Fifteen major retailers or restaurant groups have gone into CVA or administration in the twelve months since the April 2017…

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High street store openings at lowest level in seven years

New high street store openings have fallen to their lowest level since 2010, new research suggests. A report by retail…

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Small firms hit by pension auto-enrolment scheme, claims FSB

Small firms and startups will be “hit the very hardest” by the doubling of auto-enrolment employer pension contributions, according to…

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