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The Latest Breaking News from BRC

Consumer spending slows in August as inflation bites

Separate figures from Barclaycard also showed that card spending slowed to its lowest levels for more than a year.

The Independent UK

Shopper footfall recovery slows as cost of living concerns gather pace

Total UK footfall was down 12.4% in August on three years ago, according to British Retail Consortium (BRC)-Sensormatic IQ data.

The Independent UK

UK food prices rise at fastest rate since global financial crash

Pressure from war in Ukraine continues to push up costs

The Independent UK

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Food prices rise at fastest rate since 2008, retail group figures show

The war in Ukraine, and consequent rise in the price of animal feed, fertiliser, wheat and vegetable oils, is placing mounting pressure on prices.

The Independent UK

Revealed: Indonesian workers on UK farm ‘at risk of debt bondage’

As farms look further afield for labour, investigation finds Kent pickers saying they struggle to pay fees charged by unlicensed brokers

The Guardian - UK

WTCR Anneau du Rhin: Girolami storms to pole over Berthon

Honda driver Nestor Girolami stormed to his third FIA World Touring Car Cup pole position of 2022 with a perfect performance in qualifying at Anneau du Rhin in France.

Autosport

Shop prices rise at fastest pace on record as retailers pass on massive cost increases

Staple items including butter and vegetable oils saw some of the biggest prices hikes

The Independent UK

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UK retailers hit by sharp drop in spending as inflation soars

Boost in demand in June on back of jubilee celebrations fails to prevent third successive fall

The Guardian - UK

3 Top-Quality Air & Defense Stocks to Buy When Military Spending Picks Up

Amid the rising geopolitical tensions with the ongoing Russia-Ukraine war and emerging threats from China, increasing military spending globally should boost the air and defense industry’s growth. And we think top-quality air & defense stocks Moog (MOG.A), Brady Corporation (BRC), and Sturm, Ruger & Company (RGR) are well-positioned to capitalize…

StockNews.com

Tarquini critical of Lynk & Co WTCR speed at Vila Real

Gabriele Tarquini has questioned the performance of the Cyan Racing-run World Touring Car Cup Lynk & Cos, on a Vila Real weekend where his own team of Hyundais faced sandbagging accusations.

Autosport

Navigation Wealth Management sets the course for further growth in East Yorkshire with BRC buy-out

Martin Baltazar's operation brings £40m of managed funds to the firm

Birmingham Post

Shop prices hit highest rate of inflation in almost 14 years

Prices were up 3.1% on a year ago in June, the highest rate of inflation since September 2008, according to the BRC-Nielsen Shop Price Index.

The Independent UK

WTCR Aragon: Magnus holds off Huff for Audi’s first win of 2022

Gilles Magnus soaked up pressure from Rob Huff to claim the second World Touring Car Cup win of his career and a first for Comtoyou Audi in 2022, as Mikel Azcona strengthened his grip on the title with victory in race two.

Autosport

MSD to review all debt issued to overseas pensioners

MSD told it's skating on thin ice for making hundreds of pensioners stuck overseas during the pandemic pay back their super.

Newsroom.co.nz

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Benzinga

Open Book Extracts & Biopharmaceutical Research Company Establish Research & Development Collaboration

Open Book Extracts (OBX) entered into a partnership with Biopharmaceutical Research Company (BRC). Under the terms of the collaboration, OBX will leverage BRC's research platforms, in order to develop research-backed formulations and products including Delta-9 THC.

The Guardian - UK

UK retailers given jubilee lift as high street footfall rises

Number of people visiting shops during June bank holiday week was up 17% on May average

Daily Record

Watch the Jim Clark Rally and Scots aces in GT and BTCC action

Scots motorsport stars proved themselves to be fast and fabulous last weekend with podium finishes in the Jim Clark Rally, British GT Championship and other supporting events. You can find out all about the action and watch two video galleries here.

The Guardian - UK

Food inflation drives highest UK shop prices rise in more than a decade

Fresh food prices leaped 4.5% in May, driven by rising costs of labour since Brexit and fertiliser since invasion of Ukraine

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Insider UK

Retail group condemns ‘deplorable’ abuse against shop workers during pandemic

More than 15% of the retail workforce suffered some form of harassment

The National (Scotland)

Retail chiefs condemn 'deplorable' abuse towards shopworkers throughout pandemic

RETAIL chiefs across Scotland have condemned “utterly deplorable” abuse shop workers throughout the pandemic.

The Independent UK

Attacks and abuse of shopworkers tripled during pandemic

The British Retail Consortium said the number of incidents surged to 1,301 each day in the year to March 2021, from 455 per day a year earlier.

Evening Standard

Fears more High Street stores could collapse as spending falls

The BRC and KPMG warned that retailer will struggle to absorb rising costs

Wales Online

Shoppers cut back on spending due to surge in cost of living

Sharp downturn in consumer confidence prompts consumers to 'put brakes' on shopping and eating out

The Guardian - UK

Cost of living crisis slows UK consumer spending but holiday bookings take off

BRC says homewares and electrical goods hard hit, while Barclaycard reports rise in travel spending

The Independent UK

Shoppers ‘put brakes’ on spending due to surge in cost of living

The latest BRC-KPMG retail sales monitor has revealed that sales dipped in April after a sharp downturn in consumer confidence.

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