UK consumers cautiously shop more after pre-budget slump

UK retail sales rose 0.2% in November, lower than expected. Economy shows sluggish growth amid concerns over budget tax increases, with implications for consumer confidence and spending.

UK grocery inflation rises to 2.6%, says Kantar

UK grocery price inflation rose to 2.6%, increasing budget pressure on shoppers. Tesco's sales grew; supermarkets warn of upcoming inflation from tax and wage rises.

UK's rising inflation may subdue spending this Christmas, says Asda/CEBR

RBC initiates Tesco at 'sector perform', Sainsbury's at 'outperform'

Retail boss calls for UK tax rises to be staggered to avoid stoking inflation

The article discusses the British Retail Consortium's call for the Labour government to phase in recent tax rises to avoid inflation and support the retail sector.

UK grocery sales growth slows as consumers wait for Christmas and Black Friday, says NIQ

UK consumers defy their budget worries to shop more

British retail sales rose unexpectedly by 0.3% in September, suggesting consumer confidence despite concerns over potential tax increases in the upcoming budget.

European stocks largely unchanged; caution ahead of US payrolls

European stock markets remain cautious amid Middle East tensions and await US jobs report, with notable corporate earnings and rising oil prices reflecting escalating risks in the region.

European stocks mostly fall on Middle East tensions; Tesco lifts guidance

European stock markets reacted negatively to escalating Middle East conflict while economic data releases and Tesco's positive guidance impact market sentiments, with oil prices rising as a result.

Sainsbury's boss looks to UK budget to lift spending gloom

Sainsbury's CEO warns of cautious UK consumer spending until clarity from the Labour government, expecting a strong Christmas despite economic challenges and high non-food product sales vulnerability.