Bank of England

Tesco UK To Raise Store Worker Pay By 9.1%

Tesco UK will raise store workers’ hourly pay by 9.1% in a move that reflects the UK’s increasing government-mandated minimum wage.

Asda UK Raises Pay For Store Workers By 8.4%

Asda is to increase the pay of more than 120,000 store employees by 8.4% from 1 July, it was announced on Friday.

UK Consumer Morale Falls Unexpectedly In February – GfK

British consumer sentiment fell for the first time in four months in February, a survey by Growth for Knowledge (GfK) today.

Lower Inflation Lifts UK Consumer Sentiment To A Two-Year High

British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey has revealed.

UK Food Prices To Keep Rising Through 2024 Industry Researcher Warns

British food and drink prices will continue to rise in 2024, contributing to an extended cost-of-living crisis, a prominent grocery industry researcher sai...

UK Consumer Confidence Jumps Despite Lingering Inflation Pain

British consumers have turned more optimistic about the outlook for the economy and their personal finances this month but their mood remains a long way of...

UK Retail Sales Slide Again In October In New Blow For Economy

British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home, official data showed on Friday, in a new warning sign for...