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The Latest Breaking News from BRC

'Stop taxing everything': Big business bosses warn Chancellor Rachel Reeves ahead of Budget

Asda chairman Allan Leighton said the Treasury should invest in Britain rather than ‘taxing everything in some way, shape or form’

Evening Standard

Asda boss urges Rachel Reeves to ‘stop taxing everything’

Allan Leighton advises chancellor to not launch new tax raid in upcoming budget but invest in Britain if she wants to grow the economy

The Independent UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

The Guardian - UK

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Food inflation jumps to 18-month high as chocolate and butter prices rise

Food inflation lifted to 4.2% this month from 4% in July, according to according to the British Retail Consortium-NIQ Shop Price Monitor.

Evening Standard

Food inflation jumps to 18-month high with these items seeing a price rise

Fresh food inflation sped to 4.1% for the month on the back of rising dairy prices, up from 3.2% in July

The Independent UK

Major retailers warn Reeves tax rises in autumn could push up prices

Some of the county’s biggest chains have signed a letter to the Chancellor sent by trade body British Retail Consortium.

Evening Standard

Warm weather and England’s Euros success lifted UK retail sales in July

Sunnier picture clouded by warning that mooted higher taxes could lead to shop closures and job losses

The Guardian - UK

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Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

The Independent UK

Retail sales boost of 2.5% ‘barely touching the sides’ of costs, sector warns

The uptick in the UK’s total retail sales was against growth of 0.5% last July and the 12-month average growth of 1.9%, figures show.

Evening Standard

Christmas dinner warning as costs could rise after Labour tax changes

Two-thirds of retailers predict they will have to raise prices further this year

The Independent UK

Hoped-for summer boost for retailers failed to materialise, figures show

Data released by BRC-Sensormatic shows total UK footfall was down by 0.4% year on year in July.

Evening Standard

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Independent UK

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

The Guardian - UK

Your food shopping bill is set to increase. Here’s how much

Food inflation is set to soar to 6 per cent by the end of the year, posing a "significant challenge" to household budgets just as Christmas approaches, industry leaders have warned.

The Independent UK

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Evening Standard

Food inflation will rise to 6% by the end of the year, industry predicts

The BRC, whose figures now put food inflation at 4%, said prices would reach 6% higher year on year by Christmas if costs rise.

The Guardian - UK

Rising UK food prices turn cash-strapped shoppers away from high street

BRC says food prices rose by 4% in July from 2024, while CBI blames economic uncertainty for people not spending

The Guardian - UK

Hot weather lifts UK spending as fans and sports gear add to sales

Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautious

Evening Standard

Retail spending heats up in June due to warm weather – BRC

Shopping activity swung higher for the month as sales of fans and sportswear rose sharply.

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Reason

Court Allows Breach of Contract Claim for Haverford's Allegedly Failing to Respond to Anti-Semitism Complaints—But Only for Nominal Damages

"So whatever hard to imagine rationalization Haverford might offer for obscuring the content of its actual bias policy—an artifice reminiscent of Dean Wormer's 'double secret probation'—I find the demarcation 'draft' to be of no legal import."

The Guardian - UK

Food prices pushed up by hot weather hitting harvest yields, say UK retailers

Rising fruit and vegetable prices contribute to jump in annual food price inflation in June to 3.7%

Evening Standard

Shop prices return to inflation for first time in almost a year

Overall shop prices were 0.4% higher in June than a year earlier, according to the BRC-NIQ Shop Price Index.

Evening Standard

Consumer spending slows to lowest growth of the year amid falling confidence

Gaming bucked the faltering sales trend due to popular new releases, according to the British Retail Consortium (BRC)-KPMG Retail Sales Monitor.

The Guardian - UK

UK food inflation rises for fourth month in a row as steaks beef up prices

Annual rate of food price increases hits 2.8% driven by rising cost of fresh produce but price inflation for all goods is falling

The Independent UK

Food inflation rises for fourth consecutive month

Food prices are now 2.8% higher than a year ago, up from April’s 2.6%, according to the BRC-NIQ Shop Price Index.

Evening Standard

Workers’ rights Bill could lead to cost increases and job cuts, retailers warn

Labour’s proposed Employment Rights Bill includes a right to guaranteed hours, cracking down on zero hour contracts without the offer of work.

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