Survey reveals 97% of small business owners frustrated by contracts and monthly fees
A recent survey discloses small business owners are finding it difficult to use card payment machines as a result of contracts and monthly fees.
Inflation means last call for raft of UK pubs: study
A total of 153 pubs shut in the first quarter compared with 104 during the first three months of 2022
Food inflation hits 15% as experts say retailers must focus on price differentiation
Food inflation has risen by 15 per cent in a year, as prices in Britain's shops reach unprecedented levels. Experts say retailers must focus on their price differentiation strategy as consumers' purse strings "continue to feel the squeeze".
More food shortages could add to Britain's price pressure
Britons already reeling from the biggest rise in food prices since 1977 may have to get used to shortages of fresh vegetables as soaring costs and unpredictable weather hit domestic production.
UK retailers have to be transparent to gain loyalty of customers, says retail experts
Retail experts advise UK retailers to be transparent as customers remain prudent in spending despite increase in retail sales in February.
Valentine's Day spending boosts British retail sales in February - BRC
Valentine's Day helped to boost British retail sales in February but volumes remained down on last year as households cut back on non-essential items, a survey published on Tuesday showed.
Supply chain expert urges UK retailers to utilise modern technology solutions amid weather crisis
Vice President of Product Marketing, e2open, urges UK retailers to utilise modern technology solutions for logistics management amidst weather crisis.
Supermarket Asda, startup HVS receive UK hydrogen self-driving lorry grant
A consortium including Hydrogen truck startup HVS and supermarket chain Asda said on Wednesday it had been awarded a 6.6 million pound ($8.1 million) UK government grant to develop autonomous hydrogen heavy goods vehicles.
UK shoppers cut back on spending as inflation takes its toll
Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for the country's flagging retail sector.
Inflation drives Britain's record Christmas grocery sales
British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four weeks to Dec.
Britain's broken egg industry shows the price of food inflation
In Britain, the damage wrought by rampant inflation can be seen in the fate of the humble egg.
Cash use slips to just 15% of British purchases in 2021
British shoppers used cash in only 15% of transactions in 2021, half the level of the year before and down from nearly 40% before the COVID-19 pandemic, retailers said on Friday.
UK fresh food prices climb record 14.3% in November – BRC
The cost of fresh food sold in British shops increased in November at the fastest annual rate since records began in 2005, a new blow for households grappling with the cost-of-living crisis, a survey showed on Wednesday.
Britain softens business rates blow with 13.6 billion stg support package
Britain will provide 13.6 billion pounds ($16.1 billion) of support to retail, hospitality and leisure companies facing higher business rate bills next year, to help them through the recession and a fall in consumer spending.
British grocery inflation hit record 14.7% in October - Kantar
British grocery inflation hit 14.7% in October, another new record, and it is still too early to call the ceiling, market researcher Kantar said on Tuesday.
UK businesses fear gloomy Christmas as cost of living soars
British businesses fear a gloomy Christmas ahead, as almost half of households plan to cut festive spending due to the soaring cost of living and sales are already falling sharply in inflation-adjusted terms.
UK fresh food prices rise 13.3% in year to October - BRC
The cost of fresh food in British shops last month was 13.3% higher than a year earlier, the biggest annual increase in records going back to 2005, the British Retail Consortium said on Wednesday.
Britons turn to electric blankets and candles as winter looms
British shoppers are stocking up on electric blankets, candles and energy-efficient slow cookers as surging gas bills and record food price inflation force millions of people to prepare for a tough winter ahead.
UK consumer spending lags far behind inflation, BRC and Barclaycard surveys show
British consumer spending grew last month at a rate that lagged behind inflation by a long way, according to surveys on Tuesday that underlined the risk of recession as the cost-of-living crisis rumbles on.
UK shoppers, feeling the inflation hit, cut back on non-essentials
British shoppers are cutting back on purchases of clothes and other non-essential items as they try to cover their sky-rocketing utility bills and higher food prices, surveys showed on Tuesday.
UK port strike threatens to deepen supply chain and price woes
UK workers are striking in vast numbers as runaway inflation erodes wages at a record pace and is set to plunge the economy into recession.
Analysis: UK slips towards recession, heaping pressure on next PM to help
Britain's slide towards a recession has gathered momentum after data this week showed inflation jumping above 10%, wages lagging far behind price growth and consumer confidence sinking to a record low.
UK cost-of-living crisis prompts warning to 'buy now, pay later' lenders
Britain's financial watchdog has told firms offering 'buy now, pay later' loans to spell out the cost of late repayments to customers as the UK cost-of-living crisis intensifies.
McDonald's raises UK cheeseburger price for first time in 14 years
McDonald's will increase the price of its cheeseburger by 20% in Britain, in the first price hike for the popular item in 14 years as it responds to soaring inflation.
Cost of living crisis? Europe's consumers keep spending
Europe's largest consumer-focused firms are seeing no shortage of demand despite a cost-of-living crisis.
Britons, Shaken By Cost-of-living Squeeze, Cut Back On Shopping
British consumers cut back on shopping in May in the face of fast-rising inflation, and a measure of their confidence sank to a record low this month, according to data that underscored the scale of the cost-of-living squeeze.
UK shoppers cut spending by most since COVID lockdown in 2021
British shoppers facing a surge in inflation cut their spending in May by the most since the country was in a coronavirus lockdown in early 2021, according to a survey published on Tuesday.
UK facing supply crunch thanks to Covid and Brexit
Brexit created major border delays after Britain's exit from the European Union on January 1, while new immigration rules disrupted recruitment.
UK businesses grapple with Brexit border fallout
Export prices are reportedly sliding because of paperwork delays that have sparked severe holdups.
Mastercard and Visa accused of cashing in on pandemic with excessive fees
The fees being charged have doubled in the last two years which could force retailers to pass on the extra costs to their consumers.