Topic filter : Purchasing Power

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.... “For example, the biggest currency exposure is on buying wine so we are working on our supply chain in order to mitigate the impact of fluctuations in sterling. This includes sourcing wines from around the world and using purchasing power better. ... [Read full article on Guardian ]
Thursday 8th of June 2017 01:21:13 PM
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....Rising student debts come at a challenging time for consumer finances in general in the UK, which are being squeezed as prices rise at a faster pace than wages. Burnside said student debt was an additional drain on people’s resources for an “astonishingly long time”, sapping the purchasing power of the graduate population. ... [Read full article on Guardian ]
Thursday 15th of June 2017 11:12:28 AM
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....However Howard Archer, chief economic adviser to the EY ITEM Club, said prices were likely to come under further pressure. "The fundamentals for house buyers are likely to deteriorate further over the coming months with consumers' purchasing power squeezed further by a combination of higher inflation and muted earnings growth," he said. ... [Read full article on BBC ]
Wednesday 7th of June 2017 07:54:52 AM
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....Referring to the UK’s decline in GDP growth in the past six months, Catherine Mann, the OECD’s chief economist, said recent data had been poor and the benefit of the lower pound for exporters was offset by inflationary pressures from higher import prices hitting disposable incomes. “We are concerned about the purchasing power for consumers in an environment where the pass through [from higher import prices] seems pretty robust,” she said. ... [Read full article on Guardian ]
Wednesday 7th of June 2017 08:30:00 AM
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....7% at the end of last year, the pattern was likely to continue as stresses on household finances weighed on consumer spending. “The resulting weakening of household purchasing power will likely translate into weaker consumer spending, which is a key factor behind the slow GDP growth we anticipate for the rest of this year, after the economy expanded by only 0. ... [Read full article on Guardian ]
Tuesday 30th of May 2017 12:48:46 PM
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Latest Finance News related to Purchasing Power

UK student loan debt soars to more than £100bn image
Source : Guardian [Read Article] Thursday 15th of June 2017 11:12:28 AM
....Rising student debts come at a challenging time for consumer finances in general in the UK, which are being squeezed as prices rise at a faster pace than wages. Burnside said student debt was an additional drain on people’s resources for an “astonishingly long time”, sapping the purchasing power of the graduate population. ...
Gordon Ramsay's Brexit nightmare: chef hires team to halt rising costs image
.... “For example, the biggest currency exposure is on buying wine so we are working on our supply chain in order to mitigate the impact of fluctuations in sterling. This includes sourcing wines from around the world and using purchasing power better. ...
OECD: outlook for global economy is ‘better, but not good enough’ image
Source : Guardian [Read Article] Wednesday 7th of June 2017 08:30:00 AM
....Referring to the UK’s decline in GDP growth in the past six months, Catherine Mann, the OECD’s chief economist, said recent data had been poor and the benefit of the lower pound for exporters was offset by inflationary pressures from higher import prices hitting disposable incomes. “We are concerned about the purchasing power for consumers in an environment where the pass through [from higher import prices] seems pretty robust,” she said. ...
House price growth cools further in May, says Halifax image
Source : BBC [Read Article] Wednesday 7th of June 2017 07:54:52 AM
....However Howard Archer, chief economic adviser to the EY ITEM Club, said prices were likely to come under further pressure. "The fundamentals for house buyers are likely to deteriorate further over the coming months with consumers' purchasing power squeezed further by a combination of higher inflation and muted earnings growth," he said. ...
Higher inflation drives down real wages for British workers image
Source : Guardian [Read Article] Tuesday 30th of May 2017 12:48:46 PM
....7% at the end of last year, the pattern was likely to continue as stresses on household finances weighed on consumer spending. “The resulting weakening of household purchasing power will likely translate into weaker consumer spending, which is a key factor behind the slow GDP growth we anticipate for the rest of this year, after the economy expanded by only 0. ...
Alisher Usmanov: Arsenal shareholder makes £1bn takeover bid to Stan Kroenke image
....However, he has been rebuffed. The big question is whether this was a final throw of the dice by Usmanov? And, with seemingly no prospect of Kroenke selling, will he turn his purchasing power towards another Premier League club?. ...
What does increased consumer spending really mean for the UK? image
Source : Daily Express [Read Article] Thursday 18th of May 2017 03:47:00 PM
....1 per cent. With wages failing to keep pace with the climbing prices of goods and services, there are serious concerns that consumer purchasing power will be hamstrung in the months ahead. ...
UK inflation: How could latest figures impact an international property purchase? image
....However, the central bank is currently insisting that it’s prepared to look through higher inflation and leave monetary policy accommodative in order to support other areas of the domestic economy. With average earnings forecast to stagnate, the jump in inflation could seriously restrain consumer purchasing power as the price of goods outstrips wage growth. ...
Interest rates to stay at 0.25% until 2019 as living costs surge to 3.5%, says think-tank image
....3 per cent seen in the first three months of 2017 was a sign that higher prices are already taking their toll, according to the think-tank. NIESR said: "We expect consumer spending to remain weak throughout this year and next as rising inflation erodes the purchasing power of households. ...
Value of the £5 note: How fiver has changed since old note introduced image
Source : Daily Express [Read Article] Friday 5th of May 2017 01:41:00 PM
.... It means that 60 years ago, the sum would have the same spending power as £113 today. On average the purchasing power of money has dropped by 5. ...
UK car sales drop by a fifth after tax changes and price rises image
Source : Guardian [Read Article] Thursday 4th of May 2017 10:27:22 AM
....2% in the three months to February,” he said. “The serious concern for the car sector is that it looks highly probable the fundamentals for consumers will weaken markedly further over the coming months, as rising inflation eats further into purchasing power with the squeeze reinforced by muted earnings growth. ...
Inflation puts the brakes on Britain's economic activity image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....This meant that real wages – adjusted for inflation – fell in February for the first time in two and a half years, even though unemployment continues to drop and vacancies are at record levels. Howard Archer, the chief European and UK economist at consultancy IHS Markit, said: “Following the likely marked first quarter slowdown, we suspect that 2017 will become even more challenging for the UK economy – and particularly for consumers as their purchasing power is squeezed harder still. ...
IMF says pace of global economic growth is picking up image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:01:41 PM
.... . But the IMF still expects negative effects from leaving the EU including "reduced consumer purchasing power following the pound's depreciation and its gradual pass-through to prices and the impact of uncertainty on private investment". ...
Batten down the hatches! Rising inflation and low wage growth are pinching the consumer image
....3 per cent over the past 12 months, in line with inflation, according to new official statistics. Andrew Sentance, senior economic adviser at PwC, says this means earnings are no longer increasing in real terms: “With inflation expected to pick up further, this squeeze on consumer purchasing power is likely to intensify. ...
Price rises and pay figures to underline Brexit strain on Britons image
Source : Guardian [Read Article] Sunday 9th of April 2017 11:01:21 PM
....2% in the three months to February, compared with a year earlier. “Worrying for UK growth prospects, the fundamentals for consumers look odds-on to weaken markedly further over the coming months as rising inflation eats further into purchasing power with the squeeze reinforced by muted earnings growth,” said Howard Archer, chief UK and European economist at the consultancy IHS Markit. ...
Post-Brexit-vote surge for UK economy comes to an end image
Source : Guardian [Read Article] Friday 7th of April 2017 04:34:17 PM
....“A key component of this moderation has been relatively weak retail sales in the first two months of this year. Consumption is expected to moderate further this year as increasing inflation erodes households’ purchasing power,” said James Warren, research fellow at the thinktank. ...
UK new car sales speed to record high image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:14:46 AM
....Analysts warned that the record-breaking performance for the UK car market in March could be a “last hurrah”. Consumers and businesses are expected to pull back spending as job growth weakens, the economy slows and higher inflation caused by the weak pound erodes the purchasing power of households. ...
Record UK car registrations in March image
Source : BBC [Read Article] Wednesday 5th of April 2017 08:17:31 AM
....Howard Archer, chief economist at IHS Markit, says the industry will face "an increasingly challenging year". He says that rising inflation and sluggish wage rises will erode the purchasing power of consumers. ...
Putin's illiberal stagnation in Russia offers up a valuable lesson | Joseph Stiglitz image
.... Life expectancy at birth ranks 153rd in the world, just behind Honduras and Kazakhstan. In terms of per capita income, Russia ranks 73rd (in terms of purchasing power parity) – well below the Soviet Union’s former satellites in central and eastern Europe. ...
Higher fuel prices take toll on retail sales image
Source : BBC [Read Article] Thursday 23rd of March 2017 10:14:20 AM
....8% in January, the ONS said on Tuesday. However, Howard Archer at IHS Markit said consumers were becoming more cautious as higher inflation squeezed their purchasing power. ...
UK households most downbeat about finances since 2013 image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 12:35:41 PM
....The findings came as the latest report from Bank of England agents, who toured the country between late November and late February, showed that retail sales volume growth had eased and was expected to slow further in the year ahead. The Bank blamed the sharp fall in sterling feeding through to higher prices, reducing households’ purchasing power. ...
Rethink rates now or face retail disaster, shops tell chancellor image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:01:35 AM
....”. Howard Archer, the chief UK economist at IHS Global Insight, said: “Consumers are now seeing their purchasing power increasingly diluted and this squeeze looks certain to intensify over the coming months as inflation rises further and earnings growth is muted. ...
Raising pension age will mean many people die before getting it, say MPs image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:01:21 AM
....In its November 2016 report, the committee recommended that the triple lock be replaced from 2020 by a smoothed earnings link. This would benchmark the state pension to a fixed proportion of average earnings in the long run, but would protect its purchasing power in times of inflation. ...
Innovation, Ikea style image
Source : BBC [Read Article] Monday 27th of February 2017 12:20:58 AM
.... . In fact, so ubiquitous are they, Bloomberg uses them to compare purchasing power across the world. ...
Vauxhall's workforce highly valued, minister told by potential French buyer image
....Germany has already expressed concerns at the proposed takeover, with the German chancellor Angela Merkel’s cabinet discussing on Wednesday what impact the tie-up would have on the 19,000 German jobs at Opel. PSA, which owns the Citroën and Peugeot brands, formed an alliance with GM in 2012 in an attempt to streamline production by combining purchasing power and larger scale. ...
Missing wage rises give lie to picture of full employment | Larry Elliott image
Source : Guardian [Read Article] Wednesday 15th of February 2017 11:49:11 AM
.... The latest figures from the Office for National Statistics show that employment was up in the final three months of 2016 but the rate of growth in earnings slipped back. The fact that the slowdown occurred while rising inflation was eroding the purchasing power of consumers makes the disparity between jobs and wages even more curious. ...
Weak pound and rising inflation push clothing spend to five-year low image
Source : Guardian [Read Article] Monday 13th of February 2017 12:01:00 AM
....“A key threat to expenditure in the coming months is building inflationary pressures in the economy, partly due to the effects of a weaker sterling exchange rate feeding through to consumers,” explained Fiddes. “As a result, households’ purchasing power will be squeezed further which, combined with relatively muted consumer confidence, may lead expenditure to settle on a slower growth trajectory in 2017. ...
It's time corporate tax dodgers started losing lucrative council contracts | Paul Monaghan image
.... December’s results (pdf) from the Institute of Business Ethics’ annual survey about public perception of business behaviour saw corporate tax avoidance remain the top public concern in 2016, with 43% of the survey’s 2,000 respondents putting it as their issue of most concern. The idea of using the substantial purchasing power of local authorities to drive tax justice is something the Fair Tax Mark and Christian Aid have been campaigning for since January 2016, when we co-launched the Sourced campaign urging supporters to press their local councillors to table motions obliging councils to screen potential suppliers for tax avoidance. ...
'UK could be fastest-growing G7 economy if it gets trade deals right' image
Source : Guardian [Read Article] Tuesday 7th of February 2017 06:30:07 AM
.... Using models that analyse population trends, investment, education and technological progress, PwC economists expect six of the seven largest economies by 2050 will be emerging markets, led by China. They see the UK economy remaining in the top 10, slipping down one spot from ninth place now to 10th in purchasing power parity (PPP) terms, which adjusts for price differences between countries to provide a measure of the volume of goods and services produced by an economy. ...
Savers should not rely on cash Isas as long-term option, warns report image
Source : Daily Express [Read Article] Wednesday 1st of February 2017 12:01:00 AM
.... . This suggests that inflation has wiped the equivalent of £26 billion off the purchasing power of cash Isas over the last decade. ...
Wetherspoon ready for a comeback? image
Source : Guardian [Read Article] Sunday 15th of January 2017 07:00:09 AM
....6% year-on-year. Still, he cautions: “The serious concern for the economy – and retailers in particular – is that it looks inevitable that the fundamentals for consumers will weaken markedly over the coming months, with purchasing power being increasingly squeezed and the labour market probably weakening. ...
Food prices to soar after sterling collapse, warn retail chiefs image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
. The head of one of Britain’s largest supermarkets said that as the currency protection or hedges that grocers have in place will expire over the next months, shoppers will end up paying more at the tills as the pound’s slump has slashed their purchasing power. ...
UK house price average surges by £4,000 in December image
Source : Guardian [Read Article] Monday 9th of January 2017 11:20:19 AM
....3%). “We believe the fundamentals for house buyers will progressively deteriorate during 2017 with consumers’ purchasing power weakening markedly and the labour market likely softening. ...
Britons putting away money in anticipation of Brexit slowdown image
Source : Guardian [Read Article] Wednesday 28th of December 2016 11:47:22 AM
....Howard Archer, chief UK economist at IHS Markit, said the dip in approvals was a sign the housing market would weaken in 2017, as the backdrop for consumers became more challenging. He said: “We believe the fundamentals for house buyers will progressively deteriorate during 2017 with consumers’ purchasing power weakening markedly and the labour market likely softening. ...
House price growth 'to slow in 2017' image
Source : BBC [Read Article] Wednesday 28th of December 2016 08:17:25 AM
.... We consider it most likely that the UK economy will soften over the course of 2017. "This is most likely to result from the weakening of sterling pushing up import costs and dragging on purchasing power, both for consumers and as a determinant of business investment spending. ...
Retail figures pick up as shoppers spend before price rises image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:04:24 PM
....Joe Staton, head of market dynamics at GfK, echoed economists in warning that the pound’s fall since the referendum was stoking inflation and starting to affect consumer spending patterns. “Looking ahead to 2017 against a backdrop of Brexit negotiations, the decline in the value of sterling and the prospect of higher inflation impacting purchasing power, we forecast that confidence will be tested by the storm and stress of the year to come,” said Staton. ...
Retail sales up ahead of 2017 slowdown image
Source : BBC [Read Article] Tuesday 20th of December 2016 12:23:26 PM
....However, he added: "While we still expect to see decent growth in the near term, the pressures on retail activity are likely to increase during 2017, as the impact of sterling's depreciation feeds through. "With higher inflation beginning to weigh on households' purchasing power, consumption patterns are likely to shift, creating winners and losers across the retail landscape. ...
CBI health check reveals UK Christmas shopping splurge image
Source : Guardian [Read Article] Tuesday 20th of December 2016 12:01:18 PM
....“While we still expect to see decent growth in the near term, the pressures on retail activity are likely to increase during 2017, as the impact of sterling’s depreciation feeds through. “With higher inflation beginning to weigh on households’ purchasing power, consumption patterns are likely to shift, creating winners and losers across the retail landscape. ...
UK manufacturing falls in October, ONS figures show image
Source : BBC [Read Article] Wednesday 7th of December 2016 10:21:58 AM
.... . "Sterling's pronounced depreciation this year is expected to pass through to the consumer prices throughout the course of 2017 and 2018, eroding the purchasing power of households substantially. ...
Lufthansa strike: nearly 900 flights cancelled in pilots dispute image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 02:27:27 AM
....66% per year, retroactive for the past five years. The union says pilots have endured a wage freeze over that time and suffered a “significant loss of purchasing power” due to inflation, while Lufthansa has made billions in profits. ...
Brexit blues: weak pound pushes up guitar prices image
Source : Guardian [Read Article] Sunday 20th of November 2016 04:55:32 PM
....British guitar buyers could soon be playing the Brexit blues as price rises caused by the slump in the value of the pound feed through to music stores. Prices are increasing by double digits as top US brands such as Gibson and Fender increase list prices to make up for the weaker purchasing power of sterling. ...
Can Trump strike the right balance on monetary policy? image
Source : Guardian [Read Article] Friday 18th of November 2016 10:42:32 AM
.... Similarly, if Trump really does want to redistribute some income from capital to labour, and from corporate profits to wages (admittedly a big “if”), his policies could boost consumption. But his populist, protectionist policies would undermine business confidence, and thus capital expenditures, while reducing consumers’ purchasing power through higher inflation. ...
State pension triple-lock should be scrapped, say MPs image
Source : BBC [Read Article] Sunday 6th of November 2016 12:38:38 AM
....They say a formula should also be included to protect pensioners during periods when earnings lag behind price inflation. In those periods, pensioners would get an above-earnings increase so that their purchasing power did not decline. ...
UK new car sales rose by 1.4% in October image
Source : Guardian [Read Article] Friday 4th of November 2016 11:29:53 AM
....The industry body is forecasting a drop of 5% for 2017. Howard Archer, chief UK and European economist at IHS Markit, said: “The serious concern for the car sector going forward is that it looks inevitable that consumers’ purchasing power will progressively weaken over the coming months as inflation rises appreciably and earnings growth is muted – which will dilute consumers’ ability and likely willingness to splash out on big ticket items like cars. ...
Inflation 'set to soar to 4% by late 2017' image
Source : BBC [Read Article] Wednesday 2nd of November 2016 12:01:29 AM
...."This will pass through into consumer prices over the coming months and quarters," he said. "While we expect this to be only a temporary phenomenon, it will nonetheless weigh on the purchasing power of consumers over the next couple of years. ...
Restaurant food sales soar as UK tastes change image
Source : BBC [Read Article] Tuesday 1st of November 2016 03:48:26 PM
...."Shoppers will tighten their belts when prices inevitably go up next year," she said. "The prospect of even a marginal rise in food prices will dent consumer confidence and an actual rise will directly impact purchasing power. ...
Mortgage approvals hit three-month high, says Bank of England image
Source : Guardian [Read Article] Monday 31st of October 2016 11:48:59 AM
....“It could be that consumers became a bit more cautious over borrowing in September or it could just be that they took a bit of a breather after largely spending at a rapid rate over the summer,” he said. “The fundamentals for consumers remained largely healthy during the third quarter, with employment at a record high and purchasing power benefiting from earnings growth still running well above consumer price inflation. ...
UK economy grows 0.5% in three months after Brexit vote image
Source : BBC [Read Article] Thursday 27th of October 2016 08:32:51 AM
...." . No in-depth breakdown of consumer spending was released in this set of figures, but Howard Archer, UK economist at IHS Global Insight, said: "It looks certain that third-quarter growth was also heavily dependent on consumers' willingness to keep spending, supported by still decent purchasing power and high employment. ...
Mortgage approvals fall as Brexit vote appears to subdue housing market image
Source : Guardian [Read Article] Thursday 29th of September 2016 11:08:58 AM
....Howard Archer, an economist at consultancy IHS Global Insight, said the latest figures showed that “consumers were clearly prepared to continue borrowing and spending in August,” but warned that households may soon begin to feel the pressure from rising inflation and the jobs market weakening. “We suspect that the fundamentals for consumers will become less favourable over the coming months, with purchasing power likely diminishing and the labour market softening,” Archer said. ...
Mortgage approvals at 19-month low, but consumer credit soars image
Source : BBC [Read Article] Monday 26th of September 2016 09:33:26 AM
....However, he predicted that such confidence could run out of steam in the months ahead. "Consumers are likely to face diminishing purchasing power over the coming months as inflation rises and earnings growth is limited by companies striving to limit their costs. ...
Mortgage lending climbed in August, says CML image
Source : Guardian [Read Article] Thursday 22nd of September 2016 10:13:22 AM
.... But Rics said there was still a shortage of stock for sale. Howard Archer, chief UK economist at IHS Global Insight, said: “Solid fundamentals for house buyers – high employment, decent purchasing power and low mortgage rates – have remained a source of support for the housing market, while a shortage of properties has also supported house prices. ...
Mortgage approvals by UK banks fall to lowest level so far this year image
Source : Guardian [Read Article] Wednesday 24th of August 2016 01:35:59 PM
....Coupled with a 1% monthly increase in the value of loans, “the pressures in the housing market at the moment are actually quite weak”, she added. Howard Archer, chief UK economist at IHS Global Insight, said: “We suspect that the fundamentals for consumers will become less favourable over the coming months with purchasing power likely diminishing and the labour market softening. ...
Falling pound hits British pensioners living overseas image
Source : Guardian [Read Article] Saturday 2nd of July 2016 06:01:01 AM
....The dramatic fall in the value of sterling has dealt a heavy blow to hundreds of thousands of older Britons living abroad who depend on a UK pension. If the pound doesn’t recover its losses, they will suffer a major hit in purchasing power, which may force some to return home. ...
Ireland among countries most vulnerable to EU referendum shock image
Source : Guardian [Read Article] Tuesday 28th of June 2016 05:26:13 PM
....“The main driver of economic pressure will be lower exports to the UK, but the scale of the impact will depend on the terms of any eventual trade deal,” said Ed Parker, a managing director at Fitch. “A sustained significant fall in sterling would also contribute to weaker exports by boosting the UK’s competitiveness and reducing its purchasing power for imports in euros. ...
British retail sales slowed in run-up to EU referendum, says CBI image
Source : Guardian [Read Article] Tuesday 28th of June 2016 11:21:28 AM
....“Following the vote to leave the EU, the strong suspicion is that consumer spending will be severely pressurised for some time as a consequence of increased uncertainty, likely higher unemployment and squeezed purchased power. It is probable purchasing power will be squeezed by inflation being pushed up markedly by a sharp fall in sterling. ...
Millennials may not be rich, but members-only perks ensure the luxe life image
.... They have jobs, and even if underemployed, dream of having careers someday and a lifestyle to fit those careers. With the paychecks they earn, they are estimated to collectively have a purchasing power of nearly $200bn, according to the US Chamber of Commerce foundation. ...
Negative gearing is not preventing a fall in house prices. It's already causing one | Lindsay David image
....Taking away negative gearing for the purchase of an existing dwelling – as Labor plans to do – would significantly restrict investors’ ability to acquire larger sums of debt at the expense of other taxpayers. This means that investors will have to scale back the size of their loans and will therefore have less purchasing power and less ability to pay a speculative premium for properties, creating more of a level playing field in the market. ...
Leicester has lowest household disposable income in the UK image
Source : Guardian [Read Article] Wednesday 25th of May 2016 05:59:39 PM
. Leicester may have finished top of the Premier League but has less to celebrate when it comes to household purchasing power, slipping to the bottom of the UK table. ...
Retail sales revival allays fears of Brexit jitters image
Source : Guardian [Read Article] Thursday 19th of May 2016 10:22:09 AM
....Geddes added: “It is clear from our research that consumers are increasingly choosing to spend their money on leisure activities, rather than spending on retail. Lower inflation has boosted consumers’ purchasing power, enabling them to spend more on discretionary items, such as holidays. ...
Why financial regulators are always fighting the last war image
Source : Guardian [Read Article] Wednesday 18th of May 2016 01:39:15 PM
....97. So why a crisis? After all, bank depositors regularly lose more when unexpected inflation erodes their savings’ real purchasing power (only the nominal value of those deposits is insured). ...
Oil producers fail to agree deal to freeze output after Saudi Arabia-Iran standoff image
.... Too low a price raises fear of a vicious circle of default, spillover to bank balance sheets, eroding financial conditions and a new headwind for the real economy. “Too high a price, on the other hand, erodes the welcome boost to purchasing power. ...
UK workers can afford more Big Macs than almost all Europeans image
Source : Guardian [Read Article] Friday 1st of April 2016 05:00:04 AM
....”. We have once again used the Economist’s Big Mac Index to calculate the purchasing power of Britain’s national living wage compared with minimum wages across the rest of Europe. ...
How can Lidl sell jeans for £5.99? Easy … pay people 23p an hour to make them image
....63. But this is where Lidl’s purchasing power has to kick in, because both the jeggings and the jeans are imported by middlemen, who sell on to the supermarket – respectively OWIM Gmbh, a German company, and Hong Kong-based Top Grade International Enterprise Ltd, which exports 30 million pieces a year from Bangladesh. ...
Domino's Pizza boosted by mobile app image
Source : BBC [Read Article] Thursday 3rd of March 2016 08:30:21 AM
....The chain opened a record 61 new stores in the UK in 2015, taking its total number of outlets to 869 by the end of the year. Domino's said its franchises had seen increased profitability over the course of the year "primarily as a result of the benign food price environment combined with the group's purchasing power". ...
January retail surge gives way to gloomy February image
Source : Guardian [Read Article] Wednesday 24th of February 2016 02:15:51 PM
....”. Howard Archer, chief UK economist at IHS Global Insight, said: “The fundamentals for consumer spending still look relatively heathy, with purchasing power decent and employment high and rising. ...
Reasons to hope the good news about jobs will keep on coming image
Source : Telegraph [Read Article] Friday 19th of February 2016 07:36:46 PM
.... Consumer spending was strong in January, with retail sales up 5pc on a year ago in volume terms. Very low inflation is providing a boost to the purchasing power of consumers, even though wage growth has been quite subdued. ...
Overfishing is as big a threat to humanity as it is to our oceans | Dermot O'Gorman image
....In response to this, we established WWF’s first regional tuna fisheries program, with support from the David and Lucille Packard Foundation, in an effort to stem overfishing in the region. The intent was to promote market-based improvements to the way tuna was sourced by leveraging the purchasing power of big businesses at various points in the seafood value chain, and thereby securing large-scale change for the better. ...
Leading market historian: 'Shares could halve from here' image
Source : Telegraph [Read Article] Friday 12th of February 2016 08:03:51 AM
.... . The technical definition of a bear market, a 20pc decline in the share index, can be of little importance if it does no long-term damage to the real purchasing power of investors. ...
Savers open 250,000 help-to-buy Isas in first two months image
Source : Guardian [Read Article] Thursday 4th of February 2016 03:37:10 PM
....Dan Wilson Craw, policy manager at the campaign group Generation Rent, said: “It’s not a big surprise that free money from the government is proving so popular. The danger for first-time buyers is that their extra purchasing power will simply result in estate agents putting their asking prices up. ...
We are perfectly positioned within Europe. Why change it? image
Source : Guardian [Read Article] Sunday 24th of January 2016 07:00:01 AM
.... At a time when much of the gloom and doom emanating from Davos stems from the impact on the finances of oil-exporting nations, the bonus to oil-importing nations seems to have been underestimated. I hope I am not alone in being slightly surprised that, after the serious recessions experienced in the west and Japan as a consequence of the two oil shocks of the 1970s – when huge increases in the price removed purchasing power and caused a serious inflationary spiral – the reverse movement in oil prices should also be considered an all-round disaster. ...
Time for supermarket celebrations? Not yet image
Source : Guardian [Read Article] Sunday 17th of January 2016 09:42:52 AM
.... Lidl is opening up to 50 a year. The new stores will only ramp up the German chains’ purchasing power and market share. ...
Why are we looking on helplessly as markets crash all over the world? | Will Hutton image
.... It makes everything cheaper. It puts purchasing power in the hands of business and consumers elsewhere in the world who have a greater propensity to spend than most oil-producing countries. ...

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