Inflation Surges to 2.3% Amid Rising Energy Costs
Inflation has surged to 2.3% in October, exceeding expectations, as revealed by the Office for National Statistics (ONS). This...
energy costs
Sleepeezee Reports £159k Pre-Tax Profit Amid Economic Challenges
Sleepeezee, a bed retailer, reported a pre-tax profit of £159,261 despite a drop in turnover from £39m to £38.7m...
Morrisons Trials Raising Freezer Temperatures for Energy and Carbon Savings
Morrisons becomes the first UK supermarket to experiment with raising freezer temperatures by 3°C in a bid to reduce...
UK Inflation Falls to 2.3% in April: Food Prices Rise, Energy Costs Decrease
Inflation has dropped to its lowest level in nearly three years at 2.3% in April, down from 3.2% in...
Tesco Cuts Energy Costs by 10% with AI Technology
Lead: Tesco slashes energy costs by 10% in distribution centres using AI technology, revolutionizing refrigeration practices and saving tons...
Wickes Reports Revenue Growth and Positive Cash Position Amidst Cost Inflation Challenges
Wickes reports a 0.7% revenue growth to £827.7m, driven by a 5.8% increase in 'Do It For Me' services....
UK Food Inflation Dips to 15.4% in May: A Sign of Peaking?
In a surprising turn of events, food inflation in the UK has decreased for the first time this year,...
UK Consumer Confidence Surges Amid Economic Uncertainty
In a recent GfK survey, the Consumer Confidence Index rose six points to -30, with expectations for the general...
Supermarkets Ration Fruit & Veg Amid Supply Shortages and High Energy Costs
Asda and Morrisons have introduced limits on the purchase of certain fruits and vegetables due to ongoing supply shortages....
Iceland’s Improved Guidance Strengthens Refinancing Prospects and Market Position
Iceland, a popular retailer, has reported better-than-expected guidance, boosting its chances for a £75m refinancing deal. Moody's ratings agency...