Inflation

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.

British consumer spending fell slightly in February as bad weather kept shoppers home, the British Retail Consortium (BRC) reported on Tuesday.

Ireland’s service sector grew at its fastest pace in five months in February, the AIB Global S&P Purchasing Managers’ Index (PMI).

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

Ireland’s domestic economy expanded 0.5% in 2023, far below the Department of Finance's expectations of 2.2%, it was reported on Friday.

Dunnes Stores has remained as the supermarket with the highest market share in Ireland, data from Kantar has revealed.

British grocery prices rose at their lowest rate since March 2022 this month, data from Kantar has revealed.

More than half (55%) of British exporters have felt an impact from disruption in the Red Sea, a survey has shown.

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