AGP Executive Report
Last update: 7 hours agoSupermarket Shake-up: Lidl has leapfrogged Morrisons to become the UK’s fifth-biggest grocer, hitting an 8.6% market share (up 8.8% sales) as shoppers lean harder on discounting amid cost-of-living strain. Inflation Check: Grocery price rises eased to 3.1% year-on-year in the four weeks to 17 May, with 30.3% of sales on promotion—summer lines were hit by grey May weather, but warming staples like soups and coffee held up. Trade Boost: The UK’s new GCC deal is set to remove about £580m in duties annually, with tariff-free changes flagged for foods including cereals, cheddar, chocolate and butter. Functional Drinks Push: Vybey launches a Collagen + Energy range, while FREEE expands into Swiss-style and chocolate muesli. Alcohol-free Growth: Carlsberg Britvic adds an alcohol-free Birrificio Angelo Poretti world lager variant. On-the-ground Leisure: A kids’ meals VAT cut (20% to 5% over summer) lands across family attractions too, from zoos and museums to theme parks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.