High energy prices and inflation are taking a toll on U.K. businesses, and researchers say smaller retailers are struggling to survive. Willem Marx reports.
WILLEM MARX: In Britain, a country long ago described as a nation of shopkeepers, many small store operators today are struggling to survive.
UK to cut energy support scheme for firms; BoE's Pill sees risk of persistent inflation – as it ...
A new scheme to provide support for businesses, charities and public sector organisations at a less generous level than the current scheme is expected to be presented in the House of Commons on Monday.
The existing scheme, which began in October, caps the unit cost of gas and electricity for all businesses until the end of March.
Could budget supermarkets dominate 'the big four'? | News
At the tail end of 2022, Aldi kicked Morrisons out of its spot in the 'big four', so-called to distinguish them as favourites among the nation. And no wonder; during December, the budget supermarket chain topped £1.4bn in sales for the first time in its history.
Aldi sold more things across the board in this record-breaking trading period, as fresh meat sales increased by 28%, chilled desserts and fresh cheeses by 30% and 50% respectively, with snacks increasing by 40%.
'It's going to be tough': Sainsbury's chief on price cuts, inflation and energy costs | J ...
Simon Roberts says supermarket is 'thinking differently' as it seeks new ways to compete with Tesco, Aldi and Lidl
Roberts says the new pricing regime has not been at the expense of the reputation for quality long guarded by the brand and has helped win over shoppers who had switched to the discounters.
"Today I can confirm a new Energy Bill Discount Scheme for businesses, charities & the public sector." Exchequer S… https://t.co/TNWWuVKw7q hmtreasury (from Westminster, London) Mon Jan 09 19:50:20 +0000 2023
The Bank of England's chief economist has warned high rates of UK inflation could persist for longer than expected,… https://t.co/cGKJsU7ek5 D_Blanchflower (from Hanover, NH, USA) Tue Jan 10 01:13:32 +0000 2023
Germany's industrial production rose in Nov after contracting in Oct, suggesting some resilience in country's facto… https://t.co/1fSwtvbdZI Schuldensuehner (from Berlin, Germany) Mon Jan 09 07:48:46 +0000 2023
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