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The Latest Breaking News from Helen Dickinson

Government urged to reduce cost of living as UK consumer confidence plunges

IN FULL

The Independent UK

British consumer confidence plunges to record low as Middle East conflict fuels inflation fears

British consumers are anticipating rising costs over the coming months due to the Iran war

The Independent UK

Consumer confidence ‘collapses’ as Middle East war escalates

Consumer expectations of the economy over the next three months has fallen to its lowest level on record, the BRC and Opinium found.

The Independent UK

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Criminals ‘systematically’ targeting UK shops, costing £400m last year, say retailers

British Retail Consortium warns over ‘endemic’ violence towards shop workers and says theft is causing anxiety

The Guardian - UK

Retailers in UK plan to cut staff hours and jobs amid rising employment costs

BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economy

The Guardian - UK

National insurance hike and energy bills behind food price rise, say UK retailers

Latest BRC figures show year-on-year rate of increase was 3.9% in January, up from 3.3% the month before

The Guardian - UK

Retailers suffer ‘drab’ Christmas as shoppers shun gifting for sales – figures

Total UK retail sales were up 1.2% year-on-year in December – well below last December’s growth of 3.2% and the 12-month average of 2.3%.

Evening Standard

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Good news for shoppers as price increases ease just in time for Christmas

Last month, shop price increases slowed, as did food inflation

The Independent UK

Shop price inflation slows despite soaring cost of fresh food

Overall shop price inflation has slowed to 1%, but fresh food is now 4.3% more expensive than a year ago, according to the BRC-NIQ Shop Price Monitor.

Evening Standard

UK Supermarkets Warn Rachel Reeves: Tax Hike Would Bring 'Inevitable' Blow to Food Prices

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

International Business Times UK

Retailers say tax rises could further fuel inflation as shop prices jump

BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%

The Guardian - UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

The Guardian - UK

Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Independent UK

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The Guardian - UK

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

The Independent UK

Your food shopping bill is set to increase. Here’s how much

Food inflation is set to soar to 6 per cent by the end of the year, posing a "significant challenge" to household budgets just as Christmas approaches, industry leaders have warned.

The Guardian - UK

Rising UK food prices turn cash-strapped shoppers away from high street

BRC says food prices rose by 4% in July from 2024, while CBI blames economic uncertainty for people not spending

The Independent UK

Surging meat and tea prices drive food price inflation up for sixth month

Helen Dickinson of BRC said staples such as meat and tea were hit the hardest by price increases.

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The Guardian - UK

Zero-hours contracts: peers accused of ‘trying to block stronger UK workers’ rights’

Lords ‘doing bidding of bad bosses’, says TUC, amid growing campaign by business leaders to water down Labour’s plans

The Guardian - UK

Britons ‘turning to simpler meals’ as grocery bills head for £275 annual rise

Shoppers picking up supermarkets’ own-label ranges as grocery price inflation jumps to 5.2% in July

Evening Standard

June heat and thunderstorms spell tough month for high street

Total UK footfall fell by 1.8% year-on-year in June, a dip from May’s 1.7% decline, according to British Retail Consortium-Sensormatic data.

The Guardian - AU

Labor defends plan to save $6.4bn by cutting more consultants as experts call it a ‘lazy option’

While the government’s savings are a ‘worthy target’, achieving them ‘may not be a straightforward process’, some say

The Guardian - UK

‘Welcome green shoots’: warm March weather gives 1.1% lift to UK retail sales

Spring sunshine boosted spending on gardening, DIY and food products, but households are still ‘prudently budgeting’ as bills rise

The Guardian - UK

Valentine’s Day proves a gift for UK retailers, as consumers hold back on big-ticket items

Jewellery purchases linked to 14 February give lift to otherwise lacklustre month, British Retail Consortium says

The National (Scotland)

Price of butter, cheese, eggs, and bread to skyrocket in UK

Supermarket shoppers have been warned over food prices rising at the third fastest monthly rate in a year.

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The British Retail Consortium

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British Retail Consortium

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