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The Latest Breaking News from BRC

UK supermarket giants join up to warn business rates rise could push up costs

The plans are set to be confirmed in next month’s autumn Budget statement

The Independent UK

UK retail sales growth cools amid fears over budget tax rises

Inflation also hitting sales, says industry body, as Barclays says credit card spending fell in September

The Guardian - UK

Retail spending slows as Budget looms large

Non-food sales growth slowed to 0.7% against growth of 1.7% last September and below the 12-month average growth of 0.9%, the BRC and KPMG reported.

Evening Standard

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FTSE 100 Live 10 October: Gold and defence stocks fall, brickmaker issues warning

A leading brickmaker today said demand had slowed amid the impact of economic and political uncertainty.

Evening Standard

Consumer caution ahead of Budget drives drop in footfall – BRC

Total UK footfall was down by 1.8% in September compared to a year earlier, according to BRC-Sensormatic data.

Evening Standard

Food prices could rise again thanks to new ‘packaging tax’

The extended producer responsibility (EPR) scheme is likely to place a ‘significant financial burden’ on UK retailers and households

The Independent UK

Packaging tax will push up prices for consumers, say industry bosses

The BRC said the packaging tax was a ‘multi-billion pound levy being paid by consumers during a cost-of-living crisis’.

The Independent UK

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Retailers say tax rises could further fuel inflation as shop prices jump

BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%

The Guardian - UK

Non-food prices drive up inflation in September

Shop price inflation has jumped to 1.4% from August’s 0.9%, according to the British Retail Consortium (BRC)-NIQ Shop Price Monitor.

Evening Standard

Tax rises would lead to food inflation remaining above 5% ‘well into next year’

The BRC warned that a new surtax for large shops could lead to price rises for consumers.

Evening Standard

Tax warning issued as food inflation could remain above 5 per cent for months

Food inflation has hit its highest point since the 2022/23 cost-of-living crisis

The Independent UK

Business rates rise would put hundreds of big shops at risk, say UK retailers

Concern for ‘anchor tenants’ as trade body warns that stores could put up prices or cut jobs to protect profits

The Guardian - UK

High street crisis deepens with 400 of Britain’s largest shops at risk of closure

Industry leaders have responded to the government’s proposed higher business rates tax band

The Independent UK

400 of Britain’s largest shops at risk, industry leaders warn

The BRC said 400 large stores were at risk of closure if they were included in the Government’s new business rates surtax on premises.

Evening Standard

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Evening Standard

Retail sales up 3.1% in August to round off ‘solid’ summer

Food sales increased by 4.7% year on year, although this was largely down to rising prices.

Autosport

M-Sport’s Armstrong scores emotional maiden ERC win in Wales

Wales held the penultimate round of the 2025 European Rally Championship season

Evening Standard

'Stop taxing everything': Big business bosses warn Chancellor Rachel Reeves ahead of Budget

Asda chairman Allan Leighton said the Treasury should invest in Britain rather than ‘taxing everything in some way, shape or form’

The Independent UK

Asda boss urges Rachel Reeves to ‘stop taxing everything’

Allan Leighton advises chancellor to not launch new tax raid in upcoming budget but invest in Britain if she wants to grow the economy

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The Guardian - UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

Evening Standard

Food inflation jumps to 18-month high as chocolate and butter prices rise

Food inflation lifted to 4.2% this month from 4% in July, according to according to the British Retail Consortium-NIQ Shop Price Monitor.

The Independent UK

Food inflation jumps to 18-month high with these items seeing a price rise

Fresh food inflation sped to 4.1% for the month on the back of rising dairy prices, up from 3.2% in July

Evening Standard

Major retailers warn Reeves tax rises in autumn could push up prices

Some of the county’s biggest chains have signed a letter to the Chancellor sent by trade body British Retail Consortium.

The Guardian - UK

Warm weather and England’s Euros success lifted UK retail sales in July

Sunnier picture clouded by warning that mooted higher taxes could lead to shop closures and job losses

The Independent UK

Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

Evening Standard

Retail sales boost of 2.5% ‘barely touching the sides’ of costs, sector warns

The uptick in the UK’s total retail sales was against growth of 0.5% last July and the 12-month average growth of 1.9%, figures show.

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