‘How long can the pain continue?’ Consumer confidence falls again April 23, 2026 Consumer confidence has fallen to its lowest level in more than two years, as fears grow that the UK economy could be ravaged by soaring inflation caused by the Iran war. A closely-watched survey conducted by research firm GfK found consumer confidence dropped by four points to -25 in April. The index is another warning [...]
Supermarkets pile pressure on government to cut energy costs April 23, 2026 Supermarkets are calling on the government to cut taxes on energy to help retailers dodge looming food inflation, with Sainsbury’s, Tesco, M&S and Asda piling pressure on Labour. The boss of Sainsbury’s, the UK’s second-largest grocer, became the latest industry figure to call for the Treasury to step in. On Thursday, the supermarket said it [...]
BRC chief: Red tape ‘weighs heavily’ on retailers April 23, 2026 Helen Dickinson, the boss of leading trade body the British Retail Consortium, believes red tape “weighs heavily” on retailers. She speaks to Felix Armstrong about food inflation, workers’ rights and her meeting with the Chancellor. Helen Dickinson was six weeks into her job as chief executive of the BRC when the horsemeat scandal landed on [...]
Sainsbury’s warns of Iran war hit to customers, share price dips April 23, 2026 Sainsbury’s has warned that the Iran war “will impact both our customers and our business,” as the supermarket giant saw its share price fall. The FTSE 100 grocer’s underlying retail profit fell by more than one per cent to £1bn, which Sainsbury’s said was due to “significant operating cost inflation,” as total sales grew by [...]
Food inflation rises as ‘storm clouds gather’ April 22, 2026 Food inflation has started to climb as industry figures warn “storm clouds are gathering” over potential double-digit food inflation later this year. The rate of food inflation climbed to 3.7 per cent in the year to March, up from 3.3 per cent year on year to February, according to the Office of National Statistics. This [...]
Sainsbury’s to deliver food inflation update as Argos future could be settled April 21, 2026 After Tesco hit back against fears of double-digit food inflation last week, supermarket rival Sainsbury’s is set to update the market this week. From the Iran war to the future of Argos, Felix Armstrong looks ahead to a landmark set of results due on Thursday. Sainsbury’s spooked shoppers last week when it threatened people caught swapping [...]
Consumer confidence suffers biggest drop in four years amid Iran inflation fears April 20, 2026 Consumer confidence fell at the fastest rate in four years as Brits tightened their purse strings amid fears the Iran war will spike inflation. Brits’ confidence in their spending power fell by three per cent at the start of this year, as it reached its lowest level since 2023 and made the biggest drop since [...]
Sainsbury’s threatens to crack down on shoplifters caught swapping eggs April 18, 2026 UK supermarket giants Sainsbury’s has threatened shoplifters with police action if they are caught swapping premium eggs into cheaper boxes. Sainsbury’s has placed signs in stores telling customers that egg swapping is “regarded as theft”, claiming that any footage of shoplifting would be shared with police. In a picture posted on social media by retail [...]
A price cap on bread and milk? SNP plan is unnecessary and unworkable April 17, 2026 The SNP has pledged to cap the price of bread but why? Poor people can afford the essentials and supermarket margins are tiny.
Dunelm shares slump after Iran war profit warning April 16, 2026 Shares in Dunelm have slumped after the homeware and furniture store warned its profits could dip as the Iran war damages consumer confidence. The FTSE 250 firm’s share price fell as much as 7.9 per cent on Thursday, to 789p, leaving the stock down more than 26 per cent in the year so far. The [...]