The European Central Bank (ECB) could cut its monthly bond buying program, otherwise known as quantitative easing (QE), by at least 50 percent starting in January 2018, according to sources close to the ECB’s Governing Council.
German discount supermarket chain Lidl has overtaken Waitrose as the UK’s seventh-largest grocer.
UK consumer spending fell for the third month in a row in July, the longest-running slump since February 2013, according to research from credit card giant Visa and financial services company IHS Markit.
Tear gas in the air and the sound of police shotguns fill the streets — every day since April thousands of Venezuelans have been protesting in the capital city of Caracas.
Bank of England (BoE) workers are staging a three-day strike from today in a dispute over pay.
Food and grocery inflation is set to reach 2.5 percent this year – the highest level since 2013.
If the UK government fails to reach a deal with the EU, the consequences will be “widespread, damaging and pervasive” according to a report published today by the think tank The UK in a Changing Europe.
British companies increased their marketing budgets in the second quarter despite economic uncertainty resulting from the UK’s decision to leave the European Union (EU), according to a survey out today.
The UK’s inflation rate fell back in June, as many economists had predicted.
The EY Item Club, the economic forecasting group, has lowered its forecast for the UK’s GDP growth from 1.8 percent to 1.5 percent in 2017.
US employment was up by more than Wall Street economists had expected last month, Labor Department figures published on Friday revealed.
Real household disposable income in the UK is falling at the fastest rate for more than five years, according to data published by the Office for National Statistics (ONS) on Thursday.
Federal Reserve policymakers were split on the pace of future interest rate rises, according to the minutes of the Fed’s last policy meeting on June 13-14.
Silvana Tenreyro, 43, was appointed member of the Bank of England’s (BoE) Monetary Policy Committee (MPC) on Monday.
UK earnings are at one of their lowest levels in three years after inflation climbs to highs of 2.9 percent.
Britain’s annual inflation rate climbed to 2.9 per cent in May – the highest level since June 2013 — and catching economists off guard.
UK consumer confidence reached a four-month high in May despite inflation since last year’s Brexit vote causing prices to rise in stores.
When the UK voted to leave the European Union (EU) in June last year, the pound fell dramatically.
UK unemployment is set to rise amid slow jobs growth according to a report by the EY Item Club, an economic forecasting group.
Having already disrupted food retail, discount players are increasingly impinging on the grocers’ share of non-food retail sectors, with homewares becoming the next battle ground.
Discount supermarket Lidl is set to overtake Waitrose to become the UK’s seventh-biggest grocer this year.
As supermarkets battle with suppliers over increased costs following the devaluation of the pound, it is apparent that they don’t have a lot of room to swallow those increases themselves.
The UK’s economy has slowed more than expected in the first months of 2017 according to the Office for National Statistics (ONS).
Before the UK referendum on the European Union took place in June last year, the economic predictions were bleak.
The UK’s vote to quit the European Union last year is likely to hit the poorest the hardest.
South African president Jacob Zuma’s sacking of his finance minister Pravin Gordhan late last night saw a five percent drop in the value of the rand, the country’s currency.
The e-commerce grocery market is climbing thanks mostly to price inflation.
UK inflation has risen to 2.3 percent, pushed up by rising fuel and food prices.
The US Federal Reserve chair Janet Yellen has given the strongest signal yet that US interest rates are going up this month.
Disposable incomes are set to become even more restricted this year, presenting another barrier for brick and mortar retailers.