RPI
This coverage explores the Retail Price Index (RPI) and its relevance to the UK retail sector, offering insights for managers, executives, and professionals monitoring costs, pricing, and lease agreements. It examines how RPI figures influence retail rents, supplier contracts, and strategic planning, alongside analysis of inflation trends and their commercial impact — helping retailers navigate financial pressures and plan accordingly.
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Dec- 2024 -13 DecemberNews-In-Brief
Today’s news in brief-13/12/24
Hundreds of Harrods workers, including retail, restaurant, and cleaning staff, are set to strike on 21–22 December and Boxing Day in a dispute over Christmas bonuses and working conditions. The United Voices of the World (UVW) union said 95% of its members voted to strike after management refused negotiations. Workers…
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Oct- 2024 -30 OctoberEconomy
Budget: Increases to employers’ NI and minimum wage
The chancellor Rachel Reeves has increased Employers’ National Insurance contributions in a bid to help raise as much as £40bn in taxes, pledging to also boost long-term growth and “mark an end to short term-ism” as part of Labour’s first budget since it came into power. Employers’ national insurance contributions…
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Feb- 2023 -28 FebruaryElectrical
AO ups FY guidance amid improved margins
Online electrical retailer AO now expects its adjusted EBITDA to be in a range of £37.5m to £45m for the full year. The increase in the retailer’s profit guidance for the year to March 2023 comes as AO has continued to reduce costs and improve margins. As a result, the…
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Dec- 2021 -6 DecemberNews
Tesco set for Christmas shortages amid strike action
Tesco shoppers in many parts of the UK “face empty shelves” in the run-up to Christmas as members of Unite, the UK’s leading union, announced strike action in a dispute over pay. It revealed the strike is a result of Tesco offering the workers “just a four percent pay increase”,…
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Mar- 2021 -19 MarchAnalysis
Lidl & Aldi – Location, Location, Location
The demise of the high street and the evolution that part of retail is currently experiencing is extremely well documented. But one area that is not so well covered is the rise of Lidl & Aldi and their move towards dominance in the extremely valuable food retail market. This is…
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Apr- 2019 -29 AprilHigh Street
Arcadia secures help from HSBC
Arcadia, which is owned by Phillip Green, has secured help from HSBC in order to reassure suppliers as the retailer seeks out a rescue deal. According to a report by The Times, HSBC agreed to stand behind Arcadia’s debts to suppliers, which have asked for advance payments since credit insurers…
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8 AprilClothing & Shoes
Philip Green proposes to halve Arcadia pension payments
Sir Philip Green is seeking to halve the annual contributions to the Arcadia Group’s pension scheme as part of its restructuring plan. According to Sky News, Green wishes to cut the annual pension fund from £50m to £25m and made the proposal during discussions between Arcadia’s advisers, its pension trustees…
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Feb- 2019 -14 FebruaryEconomy
UK inflation hits two-year low in January
The Consumer Prices Index (CPI) 12-month rate fell to 1.8% in January 2019, down from 2.1% in December 2018, according to the latest figures from the ONS. This fell below the Bank of England’s inflation target of 2% for the month, with the Retail Prices Index (RPI) also decreasing to…
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Oct- 2018 -18 OctoberEconomy
Retail sector ‘to face £186.45m business rates increase next April’
Retail firms will see business rates increase by £186.45 next April for the year 2019/20, according to real estate advisor Altus Group. September’s Consumer Prices Index (CPI) measure of inflation, announced on 17 October at 2.4% will determine business rate rises in England for the next year. It is its…
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Nov- 2017 -23 NovemberGovernment
Retail associations respond to ‘encouraging’ Autumn Budget
A number of retail associations have responded positively to the Chancellor’s Budget which was revealed yesterday (22 November). The British Retail Consortium (BRC) and NFU Mutual reacted to the announcement that the move from RPI to CPI indexation will be brought forward by two years to 2018, allowing for a…
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