Economy

UK Consumer Spending Growth Slows In August: Barclays

British consumer spending growth lost pace last month, adding to signs of a weakening economy, despite a doubling in cinema takings after the release of th...

German Consumer Sentiment Remains Low In September, HDE Says

Sentiment among consumers in Germany continued to remain level in September, with no increase seen since October 2022, according to the latest consumer bar...

British Retailers See Slowest Sales Growth In 11 Months In July: Survey

British retailers logged their slowest sales growth in 11 months in July, thanks to rainy weather and high inflation, a survey showed.

Smurfit Kappa Invests $12m In Mexican Plant

Packaging firm Smurfit Kappa plans to invest $12 million (€11.1 million) in its Mexican plant at Tijuana.

South Africa's Tiger Brands Says Power Cuts Set To Squeeze Income

South Africa's biggest food producer Tiger Brands said its annual income might drop as it expected a significant rise in costs because of increased power c...

Laurent-Perrier Posts Increase In Sales In FY 2022-2023

Champagne group Laurent-Perrier has reported sales growth of 3.1%, to €301.8 million, in its 2022-2023 financial year, driven by the group's value pol...

Australia Retail Sales Flat In April As Consumers Cut Back On Food, Dining Out

Australian retail sales were flat in April as consumers, who face high living costs and rising interest rates, cut back spending on&nbs...

UK Consumers Turn More Confident Despite Inflation Pain: GfK

British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy a...