Author: adminpoint
In a world where technology is ever-evolving, fire protection systems have taken significant strides to keep us safe. If you’re wondering what’s new in the realm of fire safety technology, you’re in the right place. In this guide, we’re shedding light on the seven latest fire protection systems that deserve your attention. From cutting-edge technology to innovative approaches, let’s explore the advancements ensuring our homes and workplaces stay protected. Smart Fire Alarms: Early Detection with a Tech Twist The traditional fire alarm has gotten a smart upgrade. Smart fire alarms go beyond the loud blaring noise – they’re connected to…
Relief is in sight for British shoppers as grocery price inflation finally falls to single digits for the first time in over a year. According to data from Kantar, grocery price inflation slowed to 9.7% in the four weeks leading up to 29 October, marking a significant milestone in the ongoing cost of living crisis. While this decline is welcome news, Fraser McKevitt, the head of retail and consumer insight at Kantar, cautioned that prices are still rising, albeit slower. “We’re only seeing year-year price falls in a limited number of major categories, including butter, dried pasta, and milk,” he…
Concerns over an impending recession in the UK have intensified as consumer spending patterns indicate a cautious approach to purchases. With rising fuel bills and Christmas expenses looming, households tighten their belts, putting pressure on the retail industry. The British Retail Consortium (BRC) and Barclays jointly released retail sales data for October, revealing a decline in sales when adjusted for inflation. This slowdown follows the Bank of England’s consecutive interest rate hikes to combat inflation, suggesting that efforts to curb price growth may have inadvertently dampened consumer confidence and spending habits. Barclays data indicates that card spending growth has slowed…
In a welcome development for UK consumers, George Weston, CEO of Associated British Foods (ABF), owner of brands like Kingsmill bread, Twinings tea, and Silver Spoon sugar, has predicted that food inflation could be all but gone by Easter 2024, assuming no further global disruptions. Weston’s optimistic outlook stems from recent declines in the prices of key ingredients, including cereals and edible oils. While inflation persists in certain commodities like sugar, tomatoes, and onions, these reductions are expected to trickle down to various products, including poultry. This optimistic forecast aligns with industry data showing that UK food price inflation has…