Economy

Aldi's about to take over from Waitrose as the UK's sixth-biggest supermarket

Aldi's about to take over from Waitrose as the UK's sixth-biggest supermarket

We knew the discounters were doing well - but not this well...

 

Also in the news:

UK housing market is 'vulnerable' and sterling 'overvalued', warns IMF

UK housing market is 'vulnerable' and sterling 'overvalued', warns IMF

29 July 2014

The IMF has noticed the UK property market remains a threat to our economic recovery. You don't say?

 
 
The housing market is starting to cool as buyer confidence plummets

The housing market is starting to cool as buyer confidence plummets

28 July 2014

High prices and interest rate rises on the horizon are starting to put potential buyers off.

 
 
Do your neighbours earn more than you?

Do your neighbours earn more than you?

28 July 2014

Find out the average earnings of people in your postcode.

 
 
10 things we learned this week

10 things we learned this week

25 July 2014

Sporting distractions, what the world's richest man does with his spare time, Scottish indecisiveness.

 
 
GDP up 0.8%: Hurrah - the UK economy is out of depression

GDP up 0.8%: Hurrah - the UK economy is out of depression

25 July 2014

Official figures for the second quarter of this year show UK GDP rose 0.8%, putting output back above where it was when things went wrong in 2008. Phew.

 
 
ONS rains on retailers' parade as high street sales rise just 0.1% in June

ONS rains on retailers' parade as high street sales rise just 0.1% in June

24 July 2014

More retail sales today, this time from the Office for National Statistics. The bad news is that, unfortunately, sunshine doesn't always make people spend.

 
 
MPC minutes: The Bank of England is less worried an interest rate hike will harm recovery

MPC minutes: The Bank of England is less worried an interest rate hike will harm recovery

23 July 2014

The minutes of this month's Monetary Policy Committee meeting suggest it's less frightened of the impact of a rate rise - although analysts are still pretty set on early 2015 as the first time rates will go up.

 
 
5 charts that perfectly sum up Philip Clarke's tenure as Tesco chief executive

5 charts that perfectly sum up Philip Clarke's tenure as Tesco chief executive

22 July 2014

He may be in line for a 10 million pound payout, but it hasn't been an illustrious three years for soon-to-depart Tesco boss Philip Clarke.

 
 
Why new Tesco chief Dave Lewis 'will be a shock' for the supermarket

Why new Tesco chief Dave Lewis 'will be a shock' for the supermarket

21 July 2014

The Unilever veteran will be the first Tesco CEO with personality, a source told Management Today.

 
 
6 challenges new Tesco chief Dave Lewis will have to tackle

6 challenges new Tesco chief Dave Lewis will have to tackle

21 July 2014

It's been a difficult few years for the UK's biggest supermarket chain...

 
 
Housebuilder shares fall as property prices finally drop

Housebuilder shares fall as property prices finally drop

21 July 2014

Asking prices across the UK slipped 0.8% this month, but it could just be a summer slump.

 
 
10 things we learned this week

10 things we learned this week

18 July 2014

Military ray guns, Funding Circle's crazy growth, when 'rightsizing' is the wrong word.

 
 

The MT interview: Gareth Penny

The boss of the world's dominant diamond business

Gareth Penny, De Beers Group CEO, predicts a sparkling return to form

 
 

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Aldi's about to take over from Waitrose as the UK's sixth-biggest supermarket

 

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