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The Latest Breaking News from BRC

UK shoppers rein in spending despite sales as cost of living crisis takes toll

British Retail Consortium says sales growth slowed in January amid soaring costs for energy and food

The Guardian - UK

Retailers suffer disappointing January as consumers brace for more bill rises

Total UK retail sales increased by 4.2% in January, less than half the 11.9% rise seen a year earlier, according to the BRC-KPMG retail sales monitor.

The Independent UK

Addiction treatment, bare-bones style

Charging high fees without guaranteeing access to evidence-based care is common in the addiction treatment industry

Salon

From analysis to the latest developments in health,
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Warning food inflation not yet peaked as shop prices reach record high

‘Simply no way’ for those on the breadline to keep up with rocketing costs, poverty campaigners warn

The Independent UK

Christmas and World Cup help UK retail sales rise in December

Total sales for the month increased by 6.9% compared with a year earlier despite cost of living crisis

The Guardian - UK

Tesco vows to price-lock thousands of products until Easter to help with cost of living

Tesco says its price locks go “hand-in-hand” with its Aldi Price Match, Tesco Clubcard deals, and its own-brand products to help its customers with the rising cost of food

Daily Mirror

Cash payments halved in a year as shoppers turned to cards in pandemic

Lockdowns and online shopping meant that consumers changed their habits

Wales Online

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‘Cash use plunged in 2021 as shoppers turned to cards’

Cash usage fell to just 15% of all transactions in 2021, down from 30% in 2020, according to the BRC.

The Independent UK

UK retailers boosted by November sales of winter coats and hot water bottles

Total sales rose by 4% but figures were helped by inflation masking lower volumes, says BRC

The Guardian - UK

Which foods are rocketing in price and why - as prices go up by faster than inflation

Supermarket shoppers are grappling with increased prices for their groceries, with soaring food costs due to the war in Ukraine, high fuel prices, bird flu and more

Daily Mirror

Food inflation surges to record 12.4% - as price of meat, eggs and dairy all rise

New figures from the British Retail Consortium (BRC) show food inflation hit 12.4% in the year to November - up from 11.6% and the highest rate since BRC records began

Daily Mirror

Bulb Energy takeover by Octopus cleared; anger over HSBC branch closures; food inflation at record – as it happened

The UK’s sale of collapsed Bulb Energy to Octopus Energy will go ahead after it was approved by a London judge this afternoon

The Guardian - UK

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

Fresh food prices are now 14.3% higher than last November, driven by the cost of meat, eggs and dairy.

The Independent UK

WTCR Bahrain: Michelisz wins race 2 as Azcona closes in on title

Norbert Michelisz came from seventh on the partially reversed grid to win the World Touring Car Cup's second Bahrain race, as BRC Hyundai team-mate Mikel Azcona closed on the title.

Autosport

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Autosport

Routec Racing and RAW Motorsports come out on top in Birkett Six Hour Relay

Handicap victory in the annual Birkett Six Hour Relay at Silverstone went the way of Routec Racing, as RAW Motorsports came home first in the scratch. While in the British Rally Championship, Ruairi Bell secured his first win on the Cambrian Rally

Evening Standard

Food price rises set to get worse, warns supermarket boss

A supermarket boss has warned that food price rises will “get worse” as the Bank of England prepares to hike interest rates to tackle soaring inflation.

Evening Standard

Food inflation soars to record 11.6% as energy costs hit producers

Overall shop prices are now 6.6% higher than they were this time last year, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.

The Guardian - UK

Shipping giant Maersk warns of looming global recession; eurozone factory slump deepens – as it happened

AP Møller-Maersk says Ukraine war, Europe’s energy crisis and high inflation are hitting demand, as it forecasts lower demand for containers

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The Independent UK

Food inflation soars to record 11.6% as energy costs hit producers - OLD

Overall shop prices are now 6.6% higher than they were this time last year, according to the British Retail Consortium (BRC)-Nielsen Shop Price Index.

Crikey

Mormon Church faces new allegations of funds-shifting as it benefits from Australia’s special tax deal

The multibillion-dollar Mormon Church is allegedly benefitting from Australian tax exemptions designed for small charities, and calls for review are mounting.

ABC News

Brisbane City Council approves Brisbane Racing Club's takeover of Stafford Bowls Club lease

Despite concerns over transparency, Brisbane City Council has approved a behind-the-scenes transfer of a lease of the former Stafford Bowls Club from Crushers Leagues Club to Brisbane Racing Club.

Pedestrian.tv

It Looks Like Billy Ray Cyrus Is Engaged To Someone Half His Age Just Months After His Divorce

He first met his now-fiancé on the set of Hannah Montana.

Chronicle Live

Newcastle researchers given £28m to help treat long-term conditions such as dementia

NHS and university figures in Newcastle have secured millions in funding to work on finding ways to treat long-term conditions like dementia.

Crikey

Calls grow for end of special treatment for religious charities

‘Does any of the money donated to these organisations end up being used to pay compensation for victims of abuse?’

Crikey

Hillsong saga might well unravel the special deal for other religious charities

Several Hillsong charities are under investigation by the charities regulator, which may threaten key elements of its financial viability.

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