Warburtons the baker increased its pre-tax profits by 4.9 per cent to £34.6m in the year to October 2016, despite a 4.6 per cent decrease in sales.
New products, like its "giant crumpets", helped.. City A.M.
Election-induced uncertainty means the Bank of England is highly unlikely to make any changes whatsoever to monetary policy at tomorrow’s midday announcement, with City A.M.’s shadow monetary.. City A.M.
The fall in the value of the pound since last year’s Brexit vote has contributed to a jump in UK inflation, reaching its highest annual rate for four years. It rose to 2.9 percent last month, up from.. Source: Euronews English -
Unemployment in the UK dropped to its lowest level in nearly 42 years between January and March but at the same time workers saw their real earnings fall for the first time in two and a half years. The.. Source: Euronews English -
British inflation rose to its highest level since September 2013 last month, according to official data that underlined a growing squeeze on households ahead of the June 8 national election. As Ivor.. Source: Rumble -
Inflation in Britain has hit its highest level in three and a half years. It was driven up by more expensive clothing and energy as well as pricier air fares over the Easter holiday. The consumer price.. Source: Euronews English -
May.16 -- U.K. Inflation topped expectations in April, as consumer prices rose 2.7 percent from a year earlier on air fares, clothing, and energy. Kamal Sharma, director of G10 FX strategy speaks with.. Source: Bloomberg Global Business -
As UK inflation reaches 2.9 per cent, should the MPC HIKE or HOLD interest rates?
*HIKE – Andrew Sentance, senior economic advisor at PwC.*
This is the third major surge in inflation since the.. City A.M.
Inflation has jumped unexpectedly to 2.9 per cent in May, its highest level in nearly four years, as the slump in the pound in the wake of last year's Brexit vote continues to feed through to prices. Independent
Growth in consumer spending has fallen to a 10-month low as the nation tightens its belt due to inflationary pressures.
According to figures fro Barclaycard, consumer spending growth dipped to 2.8.. City A.M.
The UK's food and grocery industry is set to grow 15 per cent by 2022, new research published today has shown.
Figures from grocery experts IGD reveal that the food retail sector will be worth.. City A.M.
Food inflation now stands at 2.9 per cent, according to figures from Kantar Worldpanel, outpacing the UK's overall rate of inflation.
The general rate of inflation spiked to 2.7 per cent in April,.. City A.M.
Consumer confidence rose in May as the UK brushed off concerns about increasing inflation and a squeeze on real incomes.
GfK's widely-followed consumer confidence index came in at minus five for.. City A.M.
Just as Hogwarts students couldn’t skimp on their school supplies when they were threatened by the rise of Lord Voldemort, muggles will not cut back on books as the UK faces rising inflation.
The.. City A.M.