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Mike Watkins

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Mike Watkins Life story


Michael John Watkins is a former Welsh rugby union player who won four caps for Wales as a hooker. He played club rugby for Cardiff and Newport and county rugby for Monmouthshire.

Food prices see first fall for two years as stores compete

Food prices see first fall for two years as stores compete
Oct 2,2023 9:11 pm

... Mike Watkins from NielsenIQ, which produces the shop price index with the BRC, said that despite price cuts by supermarkets in recent weeks, " there continues to be pressure on budgets with over half of households still feeling that they are significantly impacted by the continued increases in cost of living"...

Food price inflation slows to lowest level this year

Food price inflation slows to lowest level this year
Jul 31,2023 11:51 pm

... Mike Watkins, head of retailer and business insight at NielsenIQ, admitted the outlook was improving...

Supermarket price rises hit new high in May

Supermarket price rises hit new high in May
May 29,2023 7:50 pm

... Mike Watkins, head of retailer and business insight at NielsenIQ, said: " Food retailing in particular is competitive, so hopefully the recent price cuts in fresh foods is a sign that inflation has now peaked, albeit ambient inflation may take a little while longer to slow...

Shoppers face higher prices after energy bill help ends

Shoppers face higher prices after energy bill help ends
Jan 3,2023 7:21 pm

... Rising food and energy prices along with the arrival of Christmas spending bills mean shoppers will have less to spend on non-essential items in January, according to Mike Watkins, head of retailer and business insight at NielsenIQ...

Coffee prices jump as food inflation hits new high

Coffee prices jump as food inflation hits new high
Nov 30,2022 6:20 am

... Mike Watkins of NielsenIQ, which carried out the research, said that with prices still rising shoppers would be managing their Christmas budgets " more closely than at any time since the start of cost-of-living crisis" In response, retailers were offering seasonal savings and price cuts in an effort to encourage shoppers to spend " as we move into December " he added...

Cost of living: Margarine prices rise, but blueberries get cheaper

Cost of living: Margarine prices rise, but blueberries get cheaper
Oct 1,2022 7:30 am

... " Mike Watkins, head of retailer and business insight at NielsenIQ, said: " With food and household energy prices continuing to rise, it s no surprise that NielsenIQ data shows that 76% of consumers are saying they expect to be moderately or severely affected by the cost-of-living crisis over the next three months, up from 57% in the summer...

Shop prices rise at fastest rate in over ten years, says BRC

Shop prices rise at fastest rate in over ten years, says BRC
Mar 2,2022 3:52 am

... Mike Watkins, head of retailer and business insight at research firm NielsenIQ, said he expects shop prices to continue to rise over the next few months...

Coronavirus: Six ways the lockout has changed, UK

Coronavirus: Six ways the lockout has changed, UK
Apr 18,2020 11:08 pm

... If the country was told not to travel, people shopping, says Mike Watkins, Nielsen head of retailer and business insight...

Shop prices rise at fastest rate in over ten years, says BRC

Apr 18,2020 6:32 pm

Prices in shops rose at their fastest rate in over a decade in February, The British Retail Consortium (BRC) says.

Shop price inflation jumped from 1. 5% in January to 1. 8% in February, according to the BRC-NielsenIQ price index.

It marks the highest rate of inflation it has recorded since November 2011.

The sharp rise was partly driven by fresh food price rises and higher prices for other goods such as beauty and furniture products.

Many people have been struggling with a cost of living crisis as fuel prices and energy bills continue to soar.

The latest official figures provided by The Office for National Statistics (ONS) showed living costs.

Non-food inflation rose to 1. 3% in February, rising from 0. 9% in January which is its highest rate since September 2011, the BRC said on Wednesday.

The inflation rate for fresh food, which measures how quickly costs for everyday items increase over time, rose to 3. 3% - up from 2. 9% in January, according to the industry group.

The BRC said This Was partly because of poor harvests, both in the UK and overseas.

'Unwelcome news'

Helen Dickinson , chief executive of the BRC, said that The Price rises would be " unwelcome news" for households who already face taking how less because of energy price rises and higher National Insurance rates.

Retailers, Ms Dickinson added, are still facing cost pressures from higher shipping rates, labour shortages, product price increases and rising energy prices. Many of these increases continue to be passed on to customers.

" Retailers are going to great lengths to mitigate against these price rises and support their customers, for example, many supermarkets have expanded their value ranges for food, " Ms Dickinson continued.

" Unfortunately, there are limits to the costs that retailers can absorb, " she added.

Mike Watkins , head of retailer and business insight at research firm NielsenIQ, said he expects shop prices to continue to rise over The Next few months.

" With falling disposable income for most households, retailers will need to keep encouraging customers to spend by offering choice and value and, for some, discounts as well as added benefits for loyal shoppers, " Mr Watkins added.

The Bank of England has warned the increase in the cost of living could exceed More Than 7% this year.

Food Chains such as Greggs, have already raised The Price of some goods in order to cover increased labour costs. The High Street retailer Next, has also said its prices could rise by up to 6% this year to keep up with higher costs.

Supermarket giant Tesco has also warned that the " worst is yet to come" for rising food prices.

Jack Monroe , a food poverty campaigner, has said that the prices of everyday essentials are going up by More Than the official inflation rate, hitting the poorest hardest.

The ONS agreed that " one inflation rate doesn't fit all" and said it would soon be publishing a wider variety of cost-of-living metrics.



Source of news: bbc.com

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