UK

UK Retailers Report Record Food Inflation But See Drops Ahead

Food prices at British supermarkets rose 15.7% in the year to April, the biggest annual increase in records going back to 2005, but lower prices are on hor...

Sainsbury's 'Determined To Battle Inflation', Says CEO Simon Roberts

Sainsbury's, Britain's second largest supermarket group, reported an expected 5% fall in annual profit as inflation hit both it and customers but forecast...

Unit Sales Decline 1.1% Across European Markets Amid High Inflation: Circana

High inflation has led to a decline in grocery unit sales across the sixth largest markets in Europe – France, Italy, Germany, Spain, the UK and the...

UK's Ocado Retail To Shutdown Hatfield Fulfilment Centre

British online supermarket Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, would stop operations at its Hatfield customer fulfil...

Britain Signs Global Coffee Agreement In Bid To Boost Industry

Britain has signed a key global coffee sector agreement aimed at tackling some of the industry's most pressing issues, including making coffee growing and...

UK Consumer Confidence Highest Since February 2022: GfK

British consumers were their most upbeat in more than a year this month, despite the surging cost of living, as they took a more positive view of their fin...

WH Smith Beats Profit Expectations In H1 As Travel Rebound Lifts Store Sales

British retailer WH Smith has posted a better-than-expected half-year profit, helped by improved passenger numbers at airports and train stations...

Deliveroo Sees Revenue Up 4% In First Quarter

Food delivery firm Deliveroo has reported a 4% increase in revenue in the first quarter of its financial year, which it described as a 'resilient performan...