Article list

21 July 2022
New ONS data on the UK labour market shows an unusual combination of structural challenges and impressive resilience. On the positive side, demand for labour is still high, despite a deteriorating economic situation. Unemployment was very low in April at 3.8% and redundancies were also low. The number of unfilled vacancies is remained at record levels and businesses in many industri...
21 July 2022
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, the Ukraine crisis, labour shortages, COVID-19 and adapting to a new relationship with the EU. UK economy facing recession IGD expects a recession to materialise in the short to medium term as the cost of living ...
14 July 2022
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 Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Economic woes worsen (fast) Understand our latest views on the outlook for the UK economy, the likelihood of a recess...
14 July 2022
Provisional data from ONS shows that economic output in the UK rose by 0.5% between April and May 2022. This was surprising, given poor performance earlier in the year and the weakening financial position of many households. Production and construction did quite well, but services showed the fastest growth. Within services, much of the growth impetus came from health and social care...
14 July 2022
New GDP data is surprisingly positive, but does good topline data disguise a worsening consumer position? Watch this short video from IGD Chief Economist James Walton. More economic news and analysis Explore Sign up to our bulletin Our round-up of the latest economic and political news, focused on FMCGs Sign up .EconNews { background: #fa46...
13 July 2022
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 fluctuated week by week in June, and with volume sales down and value sales up, we can clearly see inflation coming through. However, the overall downward sales trend for volumes means the outlook continues to be challenging, although good weather mi...
11 July 2022
Shopper confidence has dropped once again, following a mild lift over the last couple of months, according to the latest Shopper Confidence Index from IGD . June saw shopper confidence drop 3 points to -24, lower than the previous lowest point of -23 in March 2022, reflecting increasing pessimism amongst shoppers this month. As saving money continues to takes priority, shoppers are placing le...
08 July 2022
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 Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Government changes – impact on policy Following the resignation of the Prime Minister and changes in the cabinet , a...
07 July 2022
The Bank of England (BoE) has released its latest Financial Stability Report , warning of a worsening global economic climate. The invasion of Ukraine has intensified global inflationary pressures, leading the prices of essential goods such as food and energy to rise sharply. As a result of these global pressures, household real incomes and business margins in the UK have fallen, res...
30 June 2022
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 Ukraine crisis, the rising cost of living, labour shortages, COVID-19 and adapting to a new relationship with the EU. Availability concerns With supply chain continuing to be under pressure, around two thirds of adults (65%) experienced sh...