Consumer confidence among millennials jumps during lockdown May 28, 2020 Consumer confidence among millennials has jumped during the UK coronavirus lockdown, according to the latest research. Sentiment in the 25 to 34 age group has risen from minus seven in April to 16 this month, a survey tracking expectations of future disposable income and shopping behaviour showed. The age group has overtaken the 18 to [...]
Asda, Sainsbury’s and Morrisons announce plans to cut fuel prices tomorrow November 30, 2018 Three major UK supermarkets have announced cuts to fuel prices today as the wholesale cost continues to decrease. From tomorrow customers at Asda, Sainsbury’s and Morrisons will benefit from 2p per litre discount on unleaded and diesel. Drivers will now pay no more than 116.7p per litre on unleaded and 127.7p per litre on diesel [...]
Fuel prices rise for second consecutive month as oil price steadies August 4, 2020 The average price of petrol and diesel rose for the second consecutive month in July, adding nearly £2 to a fill up, according to RAC Fuel Watch data. The second consecutive month of price rises means unleaded is now 7p a litre more expensive than it was at the end of May, while diesel is [...]
Business heavyweights sign on to Covid-19 business pact April 2, 2020 Some of the UK’s largest companies, including BP and RBS, have signed up to a pledge to provide extra support their employees and customers through the coronavirus. Former cabinet secretary Justine Greening created the initiative, called the C-19 Business Pledge, and involves companies promising to offer things like financial security advice and mental health help [...]
Consumer confidence ‘battered and bruised’ by coronavirus crisis May 22, 2020 Consumer confidence has been “battered and bruised” by the coronavirus crisis, new research has found as optimism remained low despite the easing of lockdown restrictions. The latest data showed that confidence was at minus 34 as consumers were concerned about the economic impact of the pandemic, with unemployment claims rising amid warnings of a recession. [...]
Coronavirus: Supermarkets call for competition laws to be waived March 9, 2020 The bosses of the UK’s biggest supermarkets are expected to warn the government that the outbreak of coronavirus could require competition law to be paused to allow them to collaborate. During a phone call with environment secretary George Eustice at least one of the big four grocers will reportedly call for the suspension of the [...]
Asda and Sainsbury’s slash petrol prices as Black Friday shopping event begins November 23, 2018 Asda and Sainsbury’s have slashed petrol prices today as UK consumers participate in Black Friday. Both supermarkets have cut 1p per litre off the price of unleaded and 2p off each litre of diesel following a decrease in the wholesale cost. Customers of the UK’s second and third largest food stores will pay no more [...]
Coronavirus: Ocado closes website down as demand soars March 18, 2020 Online supermarket Ocado has closed its website for several days as it grapples with a surge in demand due to the coronavirus pandemic. The delivery company said it is temporarily shut until 21 March in order to “complete essential work” to make product and delivery slot distribution as “fair and accessible” as possible. In a [...]
We are on the precipice of a price war, and the losers will be workers September 11, 2020 James Reed argues that nobody stands to gain from a price war in the long run – least of all Britain’s workers. Over 100m meals were claimed on the government’s Eat Out to Help Out scheme last month, but the end of the measure on 31 August has left businesses in the hospitality sector split [...]
Dido Harding slammed for ‘three per cent’ Test and Trace success rate November 10, 2020 Baroness Dido Harding has been slammed by MPs for the “three per cent” success rate of England’s contact tracing programme, as the Test and Trace chair faced her first formal grilling in the Commons. Health and social care committee chair Jeremy Hunt pressured Harding to explain why only “three per cent of the total theoretical [...]