Inflation
This coverage explores how inflation impacts the UK petcare industry, from rising supply chain costs to shifts in consumer spending. Pet Gazette reports on price trends, cost pressures for retailers and wholesalers, and strategies businesses are using to protect margins and maintain competitiveness. Coverage includes economic analysis, expert commentary, and case studies showing how inflation affects product pricing, sourcing, distribution, and overall market performance across the pet retail and supply sectors.
-
Oct- 2025 -22 OctoberFeatures
Is Pets at Home really a victim of a ‘subdued’ pet market?
“It’s not just one issue behind Pets at Home’s challenges. A squeeze on household budgets, rising costs in real estate and shifts in consumer behaviour have combined with the challenges of delivering a broad ‘pet care platform’ strategy,” says Anna King, a retail consultant, of the troubles facing the UK’s…
Read More » -
14 OctoberEconomy
Retail sales edge up 2.3% in September as food spending drives growth
UK total retail sales rose by 2.3% year on year in September, up from growth of 2% in September 2024 and above the 12-month average increase of 2.1%, according to the British Retail Consortium (BRC). Food sales increased by 4.3% on the year, compared with 2.3% growth in September 2024…
Read More » -
Sep- 2025 -18 SeptemberEconomy
BoE holds interest rates at 4%
The Bank of England (BoE) has voted to hold interest rates steady at 4% amid concerns around the recent rise in inflation. At a meeting this week, the Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain the rate, as two members voted to reduce it by…
Read More » -
Aug- 2025 -7 AugustBusiness
BoE cuts interest rates to 4%
The Bank of England (BoE) has cut interest rates to 4%, down from the previous rate of 4.25%, marking the fifth rate cut since last year’s peak of 5.25%. At its meeting today (7 August), the bank’s monetary policy committee (MPC) voted by a majority of 5 to 4 to…
Read More » -
May- 2025 -8 MayEconomy
BoE cuts interest rates to 4.25%
The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the fourth rate cut since last year’s peak of 5.25%. At its meeting ending on 7 May, the bank’s monetary policy committee (MPC) voted by a majority of 5–4 to reduce…
Read More » -
Apr- 2025 -9 AprilPet Owners
Pet insurance premiums now exceed March 2024 levels
Pet insurance premiums were 1% higher in March 2025 than they were in March 2024, according to the Pet Insurance Pricing Index from Pearson Ham Group. Premiums rose by 0.6% in March 2025, marking a consistent month-on-month climb since November. Cat insurance premiums actually dipped slightly in March (-0.1%), yet…
Read More » -
2 AprilRetailers
Retailers refrain from price rises in March
Retailers did not resort to price rises throughout March, according to the latest BRC-NIQ Shop Price Index, despite rising cost pressures. It comes as high street retailers are competing for reluctant shoppers, who are more likely to be pulled in with seasonal promotions. Mike Watkins, head of retailer and business…
Read More » -
Mar- 2025 -31 MarchRetailers
Pets at Home warns of profit drop in FY26
Pets at Home has revealed that it expects its retail profits to drop in FY26 to within a range of £115m to £125m, as a result of the uncertain economic backdrop for both demand and inflation. The retailer also stated that it expects increased costs of around £30m following changes…
Read More » -
26 MarchEconomy
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part of her Spring Statement today (26 March). UK businesses had been hopeful the chancellor would raise the relief rate for retail, hospitality, and leisure after cutting it to 40% in…
Read More » -
20 MarchEconomy
BoE holds interest rates at 4.5%
The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to its lowest level since June 2023. At its meeting ending on 19 March, the bank’s monetary policy committee (MPC) voted by a majority of 8–1 to maintain the rate at…
Read More »
