Cost-Of-Living Crisis

UK's John Lewis Names Ex-Tesco Executive Jason Tarry As Its Next Chair

Britain's John Lewis Partnership has appointed former Tesco executive Jason Tarry as its next chair, following Sharon White's decision to step down from th...

Waitrose Announces Price Cuts On More Than 200 Products

Upmarket UK retailer Waitrose & Partners will lower the prices of over 200 daily essentials, including everyday foods like chicken breasts, potatoes, b...

Nestlé, Danone See Price Hikes Slowing After Years Of Sharp Increases

Two of the world's top consumer goods companies, Danone and Nestlé, said they will slow price increases in 2024 after two years of hikes that prompt...

Brexit Red Tape Puts Valentine's Day Thorn In UK Flower Trade

Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine's Day rush but florists fear that Brexit trade barriers will increas...

Sainsbury's Searches For More Cost Savings To Compete On Price

The next phase of British supermarket Sainsbury's strategy will aim to build on the momentum of a strong 2023 during which it said it drew customers b...

UK Food Prices To Keep Rising Through 2024, Industry Researcher Cautions

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry rese...

Lower Inflation Lifts UK Consumer Sentiment To Two-Year High: GfK

British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed.

Carrefour Drops PepsiCo For Now But Will It Make A Difference?

Carrefour says it has ditched PepsiCo products in four European countries for taking price hikes too far, but the negotiation tactic may have little impact...