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UK grocery inflation edges higher after 17 months of decline

UPDATE 1-UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday Shares in Tesco, Sainsbury's rise on solid performance Adds share price reaction in paragraphs 10 and 11 By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on
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UK grocery inflation edges higher after 17 months of decline

UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on Tuesday.
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British Business - Aug 12

PRESS DIGEST-British Business - Aug 12 Aug 12 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Elon Musk has thrown the tech industry's main anti-terror organisation into turmoil amid claims X has become the top platform for hosting Hamas videos.
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UK Stocks-Factors to watch on July 29

UPDATE 1-UK Stocks-Factors to watch on July 29 Adds new items, updates futures July 29 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.4%. * PEARSON: British education company Pearson PSON.L reported a 4% rise in first-half adjusted operating profit to 250 million pounds ($321.75 million) on Monday, and said it was on track to meet its expectations for the full year and 2025. * TESCO: Tesco TSCO.L , Britain's biggest supermarket group, said it
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Tesco to repurchase shares worth $515 mln in second tranche of buyback programme

Tesco to repurchase shares worth $515 mln in second tranche of buyback programme LONDON, July 29 (Reuters) - Tesco TSCO.L , Britain's biggest supermarket group, said on Monday it would continue its share buyback programme with a plan to repurchase shares with a market value of up to 400 million pounds ($515 million). A previous tranche of the programme that bought back shares worth about 350 million pounds ended on Friday.
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Tesco Continues Existing 1 Bln Stg Share Buyback Programme

BRIEF-Tesco Continues Existing 1 Bln Stg Share Buyback Programme July 29 (Reuters) - Tesco PLC TSCO.L : CONTINUATION OF SHARE BUYBACK PROGRAMME ANNOUNCES CONTINUATION OF EXISTING £1 BILLION SHARE BUYBACK PROGRAMME CONTINUES £1 BILLION SHARE BUYBACK PROGRAMME SECOND TRANCHE VALUED UP TO £400 MILLION Source text for Eikon: ID:nRSc0974Ya Further co
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UK watchdog finds little evidence supermarket loyalty prices mislead shoppers

UPDATE 3-UK watchdog finds little evidence supermarket loyalty prices mislead shoppers CMA launched review into loyalty prices in January Final report to be published in November Adds detail and retailers' response, paragraphs 9,12,13 By James Davey LONDON, July 26 (Reuters) - The British competition regulator's ongoing review of supermarket loyalty prices is unlikely to identify widespread evidence of promotions that mislead shoppers, the watchdog said on Friday.
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UK Stocks-Factors to watch on July 26

UPDATE 1-UK Stocks-Factors to watch on July 26 Adds new items, updates futures July 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0 .2%. * NATWEST: NatWest's NWG.L first-half pretax operating profit fell by a less-than-expected 16% to 3 billion pounds ($3.86 billion), it said, with margins hit by mortgage market competition and savers shifting deposits to higher-paying products.
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UK drivers still paying too much for road fuel, says regulator

UPDATE 1-UK drivers still paying too much for road fuel, says regulator Adds context and comments on price date sharing from paragraph 3 LONDON, July 26 (Reuters) - Britain's competition regulator said on Friday the country's drivers are still paying too much for road fuel, with increases in retail fuel margins costing them over 1.6 billion pounds ($2.1 billion) in 2023. The Competition and Markets Authority (CMA) said its analysis showed the cost to drivers of weakened competition in the fuel s
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UK watchdog: Little evidence supermarkets' loyalty prices misleading shoppers

UK watchdog: Little evidence supermarkets' loyalty prices misleading shoppers LONDON, July 26 (Reuters) - Britain's competition regulator said on Friday its ongoing review of supermarket loyalty prices was unlikely to identify widespread evidence of promotions that mislead shoppers. The Competition and Markets Authority (CMA) said a full report on its findings would be published in November.
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UK's CMA Says Loyalty Pricing By Supermarkets Review Suggest Unlikely Promotions Mislead Shoppers

BRIEF-UK's CMA Says Loyalty Pricing By Supermarkets Review Suggest Unlikely Promotions Mislead Shoppers July 26 (Reuters) - CMA: UK'S CMA: ON LOYALTY PRICING BY SUPERMARKETS, RESULTS SUGGEST UNLIKELY TO IDENTIFY WIDESPREAD EVIDENCE OF LOYALTY PROMOTIONS THAT MISLEAD SHOPPERS UK'S CMA: ON LOYALTY PRICING BY SUPERMARKETS, WILL PUBLISH A REPORT OF OUR
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Shoplifting surges 30% in England and Wales, official data shows

Shoplifting surges 30% in England and Wales, official data shows LONDON, July 24 (Reuters) - Shoplifting offences in England and Wales increased 30% in the year ending March 2024 to the highest level in 20 years, official data showed on Wednesday. The Office for National Statistics (ONS) said there were 443,995 shoplifting offences recorded by the police over the year, up from 342,428 in the year to March 2023. The figures continue the trend of persistent increases since the COVID-19 pandemic.
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Some sun, football and promotions fuel UK groceries spending, says NIQ

Some sun, football and promotions fuel UK groceries spending, says NIQ UK grocers sales up 3.6% yr/yr in 4 weeks to July 13 38% of branded goods sales made on promotion Ocado is fastest growing grocer, Asda the laggard By James Davey LONDON, July 24 (Reuters) - A week of hot summer weather at the end of June, England reaching the final of the Euro 2024 soccer championship and promotions on branded goods drove UK grocery sales over the last month, industry data showed on Wednesday.
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UK grocery inflation falls to 1.6%, says Kantar

UK grocery inflation falls to 1.6%, says Kantar Grocery inflation at lowest level since Sept 2021, Kantar says Take-home sales up 2.2% over four weeks to July 7 By James Davey LONDON, July 16 (Reuters) - UK grocery inflation has slowed this month to its lowest level since September 2021, coinciding with the fastest rise in monthly supermarket shopper numbers so far this year, industry data showed on Tuesday.
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Discounter B&M blames wet weather for drop in like-for-like UK sales

UPDATE 3-Discounter B&M blames wet weather for drop in like-for-like UK sales B&M UK LfL revenue down 5.1% in Q1 Total revenue grew 2.4% in quarter Shares reverse earlier losses to trade 3% higher Adds CEO comment from analyst call in paragraphs 2&3; updates shares in paragraph 4 By Yadarisa Shabong July 16 (Reuters) - British discount retailer B&M BMEB.L reported on Tuesday lower like-for-like revenue in its UK business in the first quarter of fiscal 2025, saying wet weather curbed demand for s
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English pubs and shops gear up for Euro 2024 final bonanza

RPT-UPDATE 1-English pubs and shops gear up for Euro 2024 final bonanza Repeats with no changes to text By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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English pubs and shops gear up for Euro 2024 final bonanza

UPDATE 1-English pubs and shops gear up for Euro 2024 final bonanza Adds comment from bookmaker William Hill in paragraph 7, Spanish pubs in 10 and Wetherspoons in 18 By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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UK Stocks-Factors to watch on July 12

UPDATE 1-UK Stocks-Factors to watch on July 12 Adds new items, updates futures July 12 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0 .5%. * ASHMORE: British fund manager Ashmore ASHM.L reported a further $2 billion of quarterly net outflows of client cash, as investors continued to shun the specialist firm's emerging markets funds.
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English pubs and shops gear up for Euro 2024 final bonanza

English pubs and shops gear up for Euro 2024 final bonanza By James Davey and Radhika Anilkumar LONDON, July 12 (Reuters) - English pubs, supermarkets and restaurants are set for a weekend bonanza as fans prepare to tune in to watch England play Spain in the final of the Euro 2024 soccer championship in Germany and before that the Wimbledon tennis men's singles final in London.
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Amazon could face probe over treatment of UK grocery suppliers, watchdog says

Amazon could face probe over treatment of UK grocery suppliers, watchdog says Amazon fares poorly on supplier survey, says industry regulator Amazon told to take 'swift action' to comply with industry code Regulator says won't hesitate to launch formal investigation Amazon says disappointed, pledges improvement By James Davey LONDON, July 11 (Reuters) - Britain's grocery regulator on Thursday threatened Amazon AMZN.O with a formal investigation if it does not improve its compliance with an indus
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