Bunzl: FTSE 100 giant hit by Rachel Reeves’ tax grab Business Profit at distribution titan Bunzl took a hit in the first six months of 2025 as challenging economic conditions weighed on the firm’s books. The FTSE 100 giant’s adjusted operating profit came in at £404.5m for the half, an 11.2 per cent drop from £455.5m for the same period the year prior. Despite this shares [...]
Food inflation rises to its highest level in almost a year Retail Food inflation has risen to its highest level in almost a year as cost pressures begin to weigh on prices. Food inflation increased to 2.6 per cent year on year in April, against growth of 2.4 per cent in March and above the three-month average of 2.4 per cent, according to the British Retail Consortium [...]
Lower retail prices drive shops into deflation Retail Prices in UK shops continued to fall in February, as discounting in retail offset high grocery prices. Shop prices fell by 0.7 per cent year on year in February against a decline of 0.7 per cent in January, driven by a 2.1 per cent drop in retail prices. “Discounting is still widespread in fashion as [...]