‘It’s a ticking timebomb’: food producers sound alarm on rise in energy charges
Food producers are warning that rising energy costs pose a significant threat to their operations. They describe the situation as an urgent problem.
Why this matters: Higher production costs could lead to increased consumer prices for food items.
High energy prices threaten UK’s status as manufacturing power, business groups say
UK business groups report that sustained high energy prices risk damaging the country's manufacturing competitiveness. This could impact its industrial standing.
Why this matters: Manufacturers may face pressure on margins or consider relocating operations.
Art and antiques help lift retail sales in Great Britain to biggest monthly rise since 2024
UK retail sales saw their largest monthly increase since 2024, boosted by art and antiques.
Why this matters: Retail sales data indicates consumer spending trends and economic activity.
‘By the end of the day we’re just knackered’: business booms for UK’s south Asian jewellers as gold prices soar
UK south Asian jewellers are experiencing increased business as gold prices rise significantly. The high demand is leading to long working hours for staff.
Why this matters: This shows how commodity price increases can drive retail activity and affect business workloads.
As real wage growth falls again, Australian workers must feel the economy is rigged against them | Greg Jericho
Australian real wage growth has declined again, continuing a trend of falling purchasing power for workers. This contributes to perceptions of economic inequality.
Why this matters: Sustained wage stagnation can reduce consumer spending power and affect economic sentiment.
Inflation eases in US as prices for used cars fall
US inflation slowed to 2.4% annually in January, the lowest rate since May. The decrease was partly driven by falling prices for used vehicles.
Why this matters: Lower inflation reduces pressure on consumer spending and may influence Federal Reserve interest rate decisions.
Rain and politics driving up half-term holiday bookings, travel agents say
Travel agents report increased holiday bookings during half-term, attributing the rise to rainy weather and the political climate. This creates a heightened demand for travel.
Why this matters: Understanding these demand drivers helps travel businesses forecast and manage capacity.