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Food cost growth eases slightly as lower energy costs filter through supply chains
Many households cut purchases even as spending on entertainment rises
Annual price rise hits 15% in March as cost of living crisis shows no sign of letting up
British Retail Consortium’s forecast comes as Asda and Morrisons ration purchases of fruit and vegetables
BRC records show difficult 2023 in prospect for consumers even as wider prices ease
Businesses welcome pilot run jointly by lenders in wake of branch closures at time of soaring bills
Retail sales growth lags far behind inflation rate with a rise of 4.2% in November
British Retail Consortium finds food prices rose 12.4% in November and warns of ‘dampened Christmas cheer’
Sector asks new chancellor Kwasi Kwarteng to forestall major business rates rise
Consumer spending in July stronger than before pandemic but sector warns of ‘incredibly difficult period’
Motoring groups turn heat up on fuel retailers amid cost of living crisis
Industry urges action amid fears that a cut in tax paid on commercial property could be blunted by transitional relief
Retail sales fell by 1.1% in May as households tightened belts amid inflation squeeze
Retail sales record first decline in 15 months, with big-ticket items suffering particularly hard
Kwarteng told of hit to consumer confidence while clarity sought on further measures
Chancellor offers further £7bn in assistance on top of £16bn granted during pandemic
Ministers urged to overhaul ‘outdated and outmoded’ regime or face losing investment
Ministers accept more training of British hauliers needed to fix labour market shortage
Ministers urged to solve problem of labour shortages from thousands of workers having to self-isolate
Many stores privately angry at effectively having to take sides in debate over keeping Covid-secure measures
Strong spending on clothes, food and beer eases fears of slowing economic recovery
Lobby group warns removal of support threatens the industry’s recovery from pandemic
BRC proposes mediation to prevent ‘tsunami’ of court cases once Covid moratorium on action for debt ends
Relegating chocolates, sweets and other unhealthy snacks to the back of stores by next year cannot be done, retailers say
Companies angry at being locked out of £4.6bn grant scheme because they have already passed agreed cap on support
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