Explore

Trendline Trendline
Sainsbury's Warns Middle East Conflict Could Impact Profits Amid Market Outperformance

Sainsbury's Warns Middle East Conflict Could Impact Profits Amid Market Outperformance

Sainsbury's Warns Middle East Conflict Could Impact Profits Amid Market Outperformance
Rapid Read Rapid Read
British Retail Consortium Warns of Price Increases Due to Middle East Conflict

British Retail Consortium Warns of Price Increases Due to Middle East Conflict

The British Retail Consortium (BRC) has issued a warning that the ongoing conflict in the Middle East, specifically the US-Iran war, is beginning to impact prices in the UK. According to the latest data from the Office for National Statistics (ONS), the Consumer Price Index (CPI) rose to 3.3% in March, with food inflation increasing to 3.7% from 3.3% in February. BRC economist Harvir Dhillon highlighted that rising fuel prices are a significant factor contributing to these inflationary pressures. While clothing and footwear sectors experienced deflation due to intense competition, the grocery sector is facing mounting cost pressures. The BRC cautioned that if the situation mirrors the aftermath of the Ukraine-Russia conflict, sharper price increases could occur later in 2026. The organization has called on the government to provide targeted support, particularly in addressing non-commodity energy charges faced by retailers.
Reuters Reuters
UK companies see cost pressures spreading at record pace, PMI shows

UK companies see cost pressures spreading at record pace, PMI shows

By Andy Bruce MANCHESTER, England, April 23 (Reuters) - The share of British companies reporting rising costs surged by a record amount this month, a clear warning of higher inflation ahead as fallout from the Iran war spreads through the economy, a survey showed on Thursday.
Rapid Read Rapid Read
Food Inflation in the UK Set to Rise Again Due to Energy and Logistics Shocks

Food Inflation in the UK Set to Rise Again Due to Energy and Logistics Shocks

The Food & Drink Federation (FDF) has reported that food inflation in the UK is expected to rise again, reaching 9% to 10% by December 2026. This increase is attributed to structural shocks in energy and global logistics, which have disrupted supply chains. The briefing highlighted that damage to energy infrastructure in the Middle East, including refineries and gas plants, has significantly impacted production costs. These disruptions have led to higher prices for agricultural commodities, processing, logistics, and packaging, affecting the entire food production process.
Reuters Reuters
UK consumers turn gloomiest about economy since records began in 1978

UK consumers turn gloomiest about economy since records began in 1978

April 22 (Reuters) - British consumers are gloomier about the economy than at any time since records began in 1978, according to a survey published on Wednesday that showed the Iran war and soaring oil prices are taking a heavy toll on British households.
AP News AP News
UK inflation rises as prices at the pump spike after Iran war

UK inflation rises as prices at the pump spike after Iran war

Inflation in the U.K. climbed in March, driven by a sharp rise in fuel prices following the Iran war
Reuters Reuters
UK motorists' fuel dash as Iran war began boosts retail sales

UK motorists' fuel dash as Iran war began boosts retail sales

LONDON, April 24 (Reuters) - British motorists rushed to buy fuel immediately after the start of the Iran war, pushing up total sales volumes for the country's retail sector by more than expected in March, official data showed on Friday.
Reuters Reuters
Morning Bid: Iran flaunts its grip, investors cower

Morning Bid: Iran flaunts its grip, investors cower

A look at the day ahead in European and global markets from Rae Wee Markets were in a dour mood on Friday, with Iran flaunting its grip over the Strait of Hormuz serving as a stark reminder that the war in the Middle East is far from over.
Trendline Trendline
UK Consumer Confidence Remains at Record Low Amid Economic Pressures

UK Consumer Confidence Remains at Record Low Amid Economic Pressures

UK Consumer Confidence Remains at Record Low Amid Economic Pressures
Reuters Reuters
UK inflation rises to 3.3% as Iran war impact begins to hit

UK inflation rises to 3.3% as Iran war impact begins to hit

LONDON, April 22 (Reuters) - British consumer price inflation rose to an annual rate of 3.3% in March from 3.0% in February, according to official figures published on Wednesday which showed the first impact on prices from the war in the Middle East.
Trendline Trendline
Sainsbury's Faces Inflation Concerns Amidst Market Competition

Sainsbury's Faces Inflation Concerns Amidst Market Competition

Sainsbury's Faces Inflation Concerns Amidst Market Competition
Reuters Reuters
Morning Bid: Indefinite ceasefire, markets unbothered

Morning Bid: Indefinite ceasefire, markets unbothered

A look at the day ahead in European and global markets from Ankur Banerjee An indefinite ceasefire in the Middle East that may or may not be agreed by all parties but is mostly expected by markets is likely to leave April's risk momentum intact, allowing investors to focus instead on corporate