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The Latest Breaking News from BRC

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

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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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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.

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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."

Reason

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%

The Guardian - UK

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

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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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The Independent UK

Reeves warned employment rights law has already led to hiring freeze and loss of business confidence

The chancellor has found herself under siege as two surveys of businesses reveal a loss of confidence

Evening Standard

Food inflation rises to highest point in 11 months

The price of food is now 2.6% higher than a year ago, up from 2.4% in March, according to the BRC-NIQ Shop Price Index.

The Conversation

It’s World Immunization Week. How prepared is Canada if vaccines are needed for a new pandemic?

With the global resurgence of many vaccine-preventable diseases, World Immunization Week (April 24-30) provides a timely opportunity for Canadians to reflect on the goal of “Immunization for All.”

The Guardian - UK

Shoplifting offences in England and Wales at highest level ever recorded

Total increased to 516,971 last year, official figures show, but retailers fear data ‘severely underestimates’ problem

Evening Standard

Warm weather and Mother’s Day spending gives retailers March boost

Total UK retail sales were up 1.1% year on year in March, despite Easter’s later arrival this year, BRC-KPMG figures show.

Autosport

Estonian ace Jurgenson scores first BRC win on Carlisle Stages

Three years ago, Romet Jurgenson hadn’t even contested a rally – but on Saturday the Estonian claimed his first British Rally Championship win with victory at the Carlisle Stages.

The Independent UK

Food inflation continued to edge up in March

Food prices overall are now 2.4% higher than last March, up from 2.1% in February, according to the BRC-NIQ Shop Price Index.

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