Cost of living

Retail sales slow as high cost of living enters third year

UK total retail sales increased by 1.2% year on year for the four weeks ended 27 January 2023, compared with…

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Cost of living crisis to wipe £65bn from household finances

Inflation and the cost of living crisis are set to wipe £65bn from household finances across the UK, with real…

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Finding the affordability niche in the market and supporting consumers through the cost of living crisis

The FMCG market is evolving as the cost of living and inflation take hold, and it’s having a huge impact…

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Tesco CEO paid £4.4m last year despite cost of living crisis

Tesco’s annual report has revealed that its chief executive officer Ken Murphy was paid £4.4m last year, alongside an additional…

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Ikea invests £12m in cost of living support package

Ikea has announced that it is investing £12m in a pay increase and wellbeing support package for staff across the…

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Dreams provides £5m cost of living support package for staff

Bed retailer Dreams has announced that it is providing support for its staff during the cost of living crisis, starting…

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Footfall sees Black Friday lull amid cost of living crisis

Footfall across UK retail destinations rose by a modest +1.6% last week from the week before, driven mostly by high…

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Aldi doubles down on price promise to customers amid rising costs

Budget supermarket retailer, Aldi, has pledged to continue to provide the lowest grocery prices in the UK to help households…

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DFS profits fall as cost of living sees sales soften

DFS has revealed that its reported profit before tax has almost halved to £58.5m, down from £102.6m, as rising inflation…

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Retail sales fall 1.6% in August as cost of living begins to bite

Retail sales fell by 1.6% in August this year, due to rising prices and cost of living which are affecting…

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