United Kingdom: Retail Foods Annual

The United Kingdom is still facing a cost-of-living crisis. In October 2024, businesses and consumer confidence indexes dropped to the lowest level this year as uncertainty looms with regards to the newly elected Labour administration and what they may announce in the October 30 government budget. In 2024, trends in the retail market include a continued focus on health and wellbeing, certifications/labeling on environment and sustainability commitments, and a focus on affordable products as consumers continue to face budgetary constraints.