FRAS, NXT, MKS: Stocks to watch amid fall in consumer confidence

Highlights,Confidence level among Britain’s consumers fell to the lowest level this month since the record began in 1974, with inflation rising faster than wages and looming recession.,Long-running Consumer Confidence Index fell to -41 in June from -40 in...

MKS, SBRY, OCDO: Stocks to watch amidst soaring grocery bills

The average annual grocery bill for UK households is expected to jump by £380 this year as supermarket inflation hit 8.3%

Food price rise may hit 15%: 3 stocks you may look at before investing

The food price rises in the UK are likely to peak at 15% this summer, its highest level in over 20 years, a report by the Institute of Grocery Distribution (IGD) stated. ©2022 Kalkine Media® The research revealed that the food price in...

How is retailer B&M (LON: BME) faring amid cost-of-living crisis?

In the wake of the cost-of-living crisis, people are rushing to stores that offer cheap products and big discounts. There are several popular budget stores in the UK, but among those leading the race is B&M European Value Retail S.A. (LON: BME)...

Marks & Spencer Group (LON:MKS) confirms virtual AGM on 5 July

Britain's Marks & Spencer (LON:MKS) on Tuesday said it has no plans to return to physical shareholder meetings, as it confirmed that next month's annual general meeting (AGM) will be a virtual event for the third year running. The COVID-19 pan...

FTSE 100 slips 0.1% amid surging inflation worries

UK shares slipped on Tuesday as surging inflation stoked worries about interest rate-hike paths ahead of key central bank meetings, while JD Sports fell after the country's antitrust watchdog found the retailer to have conspired to illegally fix ce...

LOOK, HSW, SMWH: Retail stocks investors may want to explore now

Highlights As per the latest BRC-KPMG retail sales monitor, there was a decline of 1.1% in May total sales this year as compared to the last year. Consumer footfall in the UK high street has gone up over the four-day long weekend to celebrate t...

Sainsbury’s to face investors’ vote on workers’ pay. Should you go for it?

UK’s leading supermarket chain J Sainsbury plc (LON: SBRY) will be facing investors’ vote on the pay of its workers amid the cost-of-living crisis spiralling in the country. According to recent reports, a resolution regarding the paymen...

KGF, NXT, GRG: Stocks you may closely watch with rising retail inflation

UK consumers may face greater challenges in the coming months as shop price inflation accelerated to 2.8% in May at the fastest rate in almost 10 years.  Food inflation surged to 4.3% from 3.5% in April, hitting its highest since April 2012 an...

TSCO, SBRY, MKS: Stocks in focus as govt mulls return to imperial measurements

Highlights PM Boris Johnson is likely to announce a return to imperial measurements during the Queen's Platinum Jubilee celebrations. Supermarkets are not in favour of the move, saying that it will push the prices of groceries further up. ...