All the updated news related to cost inflation

All the news related to cost inflation updated in real time

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City

Labour and material shortages to drag down building volumes for Persimmon

The cost impact of labour shortages and supply chain disruption on the housebuilding sector will be picked apart by investors when Persimmon unveils its half-year financial results on Wednesday. In July, the housebuilding giant warned that a ...

16 Aug 2022 at 14:25

City

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Lloyds Banking Group revealed that customers have ditched 2.2 million subscription services since last summer in the face of soaring inflation as it posted a fall in half-year profits and higher loan default provisions. The high street ...

27 Jul 2022 at 09:48

City

Lloyds profits beat expectations but £377m put by for loan losses in cost crisis

Lloyds Banking Group has posted better-than-expected half-year profits, but revealed a £377 million hit to cover loan losses and further signs that customers are battening down the hatches amid the cost-of-living crisis. The high ...

27 Jul 2022 at 12:55

City

Tesco sees annual profits soar, but warns over hit from rocketing inflation

Tesco has revealed annual profits more than tripled, but warned retail earnings will come under pressure this year from soaring inflation and as shoppers return to pre-pandemic shopping habits. The supermarket giant saw group ...

13 Apr 2022 at 08:55

City

Tesco warns over profit hit from rocketing inflation

Supermarket giant Tesco has warned earnings will come under pressure from soaring inflation and as it battles to keep prices low for cash-strapped shoppers. The UK’s biggest grocery chain saw shares fall 6% as it said retail ...

13 Apr 2022 at 10:55

Scotland

Seven out of 10 Scots worried about energy price hikes, research reveals

Seven out of 10 Scots are worried about rising energy costs, research has found. Polling carried out by YouGov for Citizens Advice Scotland (CAS) found 48% are “fairly worried” about bills for their gas and electricity ...

02 Jan 2022 at 01:25

City

Greggs sees sales surge despite several price rises

Bakery chain Greggs has revealed its sales surged by nearly a quarter over 2022 despite increasing the prices of its sausage rolls and other baked goods several times during the year. The low-cost food chain said ...

05 Jan 2023 at 09:18

Services job cuts rise as stagflation takes ‘a firmer hold’ of sector

Service sector firms cut jobs at the fastest rate for four years last month, as concerns over subdued consumer sentiment worsened. While the sector grew slightly in January, the rate of growth fell slightly ...

05 Feb 2025 at 10:15

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