IGD’s CEO, Susan Barratt, contributes to the BRC’s Retail Sales Monitor, providing insight on UK food and drink sales. Food and drink sales in April continued the same trajectory seen in recent months; volume sales were negative and value sales were positive, driven by ongoing inflation. In response, retailers have been stepping up their support to shoppers, with further high-profile inn...

Your overview of economic and policy news with a focus on the food and consumer goods industry. Featuring the latest developments and guidance on the rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU. Interest rates to peak? High inflation is proving to be persistent, in part ...

A range of factors continue to disrupt supply chains including the war in Ukraine, labour shortages, increased costs of production, extreme weather conditions and the cost-of-living crisis. Sign up to our bulletin detailing our round up of the latest economic and political news focused on the food and consumer goods industry. This is covered in more detail in our latest Viewpoint r...

Your overview of economic and policy news with a focus on the food and consumer goods industry. Featuring the latest developments and guidance on the rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU. Food inflation to be persistent IGD expects food inflation to be more persis...

The Scottish Government has opted to delay it’s Deposit Return Scheme by 7 months to 1st March 2024. It has also announced several changes to the operation of the scheme. The new First Minister, Humza Yousuf announced that the Scottish Deposit Return Scheme will be delayed from its original launch date of 16th August 2023 to 1st March 2024. Several changes have been announced to the s...

Watch these videos of our latest webinar for a deeper dive into our latest Viewpoint report: Time to plan for a weak recovery . We share IGD’s latest analysis of the economy, consumer sentiment and government policy, to help your business plan for a weak recovery. Chapter 1: UK economic outlook – are we turning a corner?   Chapter 2: How are consumers faring?   C...

Your overview of economic and policy news with a focus on the food and consumer goods industry. Featuring the latest developments and guidance on the rising cost of living, disruptions to supply chains, the Ukraine crisis, labour shortages, policy developments and adapting to a new relationship with the EU. Time to plan for a weak recovery? With a recession no longer expected, food ...

UK inflation in March eased slightly, down from 10.4% to 10.1% using the CPI method. Food inflation continued to climb reaching 19.1%, a 45 year high. The latest inflation release from ONS shows that overall inflation in the UK has weakened slightly, following last month’s surprising rise. Using the CPI method, year-on-year “all items” inflation was +10.1% in March 2023, down 0.3 percen...

Pay growth remains strong, especially for regular pay, but inflation still is very high, placing pressure on the “real” incomes of many workers. Average regular pay (excluding bonuses) increased by 6.6% year-on year in the period between December 2022 to February 2023. This rate of growth is very strong by historic standards. Average pay, including bonuses, in the UK was £638 per week in ...

The UK labour market continues to perform strongly, in spite of the poor economic environment, with employment rising and unemployment low. ONS research shows that the employment rate rose slightly in the period from December 2022 to February 2023, reaching 75.8%, although this remains just below the pre-COVID level. Unemployment rose slightly to 3.8% in January 2023, but redundancies h...