Inflation

Britain Needs A Growth Plan, Says Tesco Chairman

The British government must come up with a long-term growth strategy, John Allan, the chairman of Britain's biggest retailer Tesco, said on Friday.

UK Shoppers Cut Back On Spending As Inflation Takes Its Toll

Inflation-pinched British shoppers unexpectedly cut their spending in December, official data showed on Friday, dashing hopes for a Christmas shopping boos...

Bakkavor Posts Growth In Line With Expectations In FY 2022

Fresh prepared food maker Bakkavor has reported 10.6% growth in like-for-like revenue in its financial year 2022, driven by price in the UK and volume grow...

Premier Foods To Shut Manufacturing Site, Sees Sales Rise

Premier Foods plans to close a beverage manufacturing site in the UK, affecting about 300 jobs, the company said, after reporting higher third-quarter sale...

UK Inflation Edges Down To 10.5% In December, Food Prices Surge

British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households re...

Consumer Products Sector Concerned About Ongoing Disruption: Deloitte

A new report from Deloitte suggests that the consumer products sector is entering 2023 with both optimism regarding future financial performance and concer...