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4247 Search results for cost of living crisis

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  • Trump’s Liberation Day has delivered what he loves most: Phone calls

    April 4, 2025

    Like all businessmen, Trump loves being on the phone. Liberation Day was a grab for attention, and boy did it deliver, writes Helen Thomas.

  • How will Trump’s tariffs impact the UK economy?

    April 3, 2025

    The US president holds up a sandwich board in the Rose Garden. On it is a list of countries. Next to each country are two columns: one for “tariffs charged to the USA” and one for “USA Discounted Reciprocal Tariffs”. The leader of the free world is cooking up a storm.  “Our country has been [...]

  • UK grocery sales slow in March but there are ‘reasons to be optimistic’

    April 3, 2025

    Total sales at UK supermarket tills slowed in March, but analysts pinned this to a later-than-usual rather than a structural slowdown. Sales growth at tills slowed to 2.7 per cent in the four weeks to April 2, down from a four per cent rise in February, according to NIQ. In-store visits grew 6.8 per cent [...]

  • Russians eye up London mansions – but what might they come back to?

    April 2, 2025

    The UK government is sitting on around £1.1bn of sanctioned London housing stock from Russians accused of corruption or Kremlin links. Many Russians have withdrawn from new purchases in the capital due to the difficulty of getting a mortgage. There are still Russians who own property, and live, in London, but – and this is [...]

  • House prices continue their steady upward climb

    April 1, 2025

    House prices continued to rise in March as easing affordability pressures – alongside the end of the stamp duty holiday – boosted demand. UK house price growth remained stable in March at 3.9 per cent, the same as in February, according to Nationwide’s house price index. “These price trends are unsurprising, given the end of [...]

  • Harvey Nichols: Losses near £100m at luxury department store chain as sales fall

    April 1, 2025

    Harvey Nichols has now lost almost £100m since it last made a pre-tax profit, it has been revealed, after being hit by the cost-of-living crisis and high inflation during its latest financial year. Delayed accounts for the iconic retailer, which was founded in 1831, have revealed its pre-tax loss went from £21.2m to £35.3m in [...]

  • Greencore: M&S sandwich supplier roars ahead amid takeover battle

    April 1, 2025

    Convenience food manufacturer Greencore told markets this morning that it expects profit to come in ahead of expectations for the second quarter, underpinned by “on-going operational and commercial excellence initiatives and a continued focus on cost control”, it said. Convenience food company Greencore supplies all major supermarkets in the UK, including M&S, with chilled prepared [...]

  • Why are we all saving so much?

    March 30, 2025

    It’s a question that has been puzzling economists for months. The worst of the cost-of-living crisis is, for most households, moving further into their rear-view mirror. The Bank of England’s rate setters have successfully – if belatedly – reined in the worst of the inflation that caused so many households to tighten their belts after [...]

  • A low-spend way Labour can actually increase GDP? Boost morale!

    March 29, 2025

    Consumer confidence has become a casual predictor of GDP. Labour can use this to their advantage, writes JL Partners' Callum Hunter.

  • Fentimans returns to profit after cutting costs

    March 27, 2025

    Fentimans, the soft drinks and tonic water brand, has predicted higher profits in 2025 as it returned to the black during its latest financial year despite the “ongoing challenging backdrop”. The Northumberland-based business has reported a pre-tax profit of £1.4m for 2024, according to new accounts filed with Companies House. The total comes after Fentimans [...]

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