29 May 2024 By Jennifer Meierhans, Business reporter Getty Images New supermarket “challenges” that reward shoppers with extra loyalty points for buying more could lead to overspending, consumer groups have warned. Four of the UK’s biggest supermarkets – Tesco, Sainsbury’s, Asda and Morrisons – are now offering members of their loyalty schemes bonus points if they hit...
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Cash only, bossman: British right-wing party targets Turkish barber shops
The leader of the right-wing Reform UK party has called for a crackdown on cash-only barber shops, which brand themselves as “Turkish”. Richard Tice claimed, offering no evidence, that such shops were fronts to launder proceeds from the drug trade in a series of posts on social media platform X. “Police & Local Authorities do...
Sales in UK shops bounce back as inflation slows
Sales in British shops have bounced back in May, according to retail data that suggests slowing inflation is encouraging customers to buy more. A net balance of +8% of retailers told a Confederation of British Industry (CBI) survey that sales volumes were up this month compared with the same period a year earlier – a...
UK shop price inflation falls
image: @sergeyryzhov | iStock Shop price inflation in the UK has reduced to its lowest level since November 2021, driven by significant price cuts on big-ticket items like furniture and TVs This comes as households continue to tighten their spending with the ongoing cost of living pressures and poor weather conditions. Deflation in the UK...
Inflation in UK shops now back at ‘normal levels’ – as prices for some items fall
The rate of price rises in UK shops has returned to “normal levels”, according to new industry figures. Overall annual shop price inflation eased to 0.6% in May, down from 0.8% in April, the British Retail Consortium (BRC) and NielsenIQ said. The figure is the lowest since November 2021. Please use Chrome browser for a...
Shop price rises back to ‘normal’, British Retail Consortium says
Shop price rises are back to “normal levels” as the cost of furniture, televisions and other non-food items have fallen, according to a UK retail industry body. Prices rose at an annual rate of 0.6% in May, down from 0.8% in the previous month, according to the British Retail Consortium (BRC) and research firm NielsenIQ....
Age UK West Cumbria to close services and seven charity shops
An elderly care charity is to close its local services and seven stores over financial challenges it faces. Age UK West Cumbria said it was “sad and disappointed” to have to stop its services and the trading of its shops from 31 May. The charity said its “number one priority” was now to look at...
Inside Britain’s ‘out of control’ shoplifting crisis as even pound shops are targeted
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Such is the extent of the current wave of shoplifting that even pound shops are having to fit new security measures to head off losses in the thousands....
Meadowhall: British Land sells shopping centre stake for £360m
5 days ago By Holly Williams,PA Media Geograph British Land has owned the shopping centre since 1999 British Land has sold its stake in Sheffield’s Meadowhall shopping centre for £360m, bringing an end to its ownership after 25 years. The group said the sale of its 50% holding was part of a shift away from...
AG advises British land on sale of £360 million stake in Meadowhall
International law firm Addleshaw Goddard has advised British Land, one of the UK’s largest property companies, on the sale of its 50% stake in Meadowhall Shopping Centre on the outskirts of Sheffield. The stake is being bought by its joint venture partner in the centre, Norges Bank Investment Management, for £360 million. The...
British Land sells stake in Sheffield’s Meadowhall shopping centre for £360m
The property developer British Land has sold its 50% stake in the Meadowhall shopping centre in Sheffield to Norway’s sovereign wealth fund in a £360m deal, ending its holding in the site after 25 years. Norges Bank Investment Management will take full control of the shopping centre, the largest in Yorkshire. It already owned 50%,...
KS1 Geography: How our milk gets from the farm to the shop
Teacher Notes After viewing the clip, the children could use model animals to create a bird’s eye view of the farm William Whiskerson visited. Pupils could use a freeze-frame of the map shown in the clip to help them build up their model, cutting grassy meadows from green paper and ploughed fields from brown paper...