Key Observations
Despite a second successive decline in CPI during the quarter, inflation remained at one of the highest levels in 40 years (10.5% in December) contributing to a winter of discontent, with each day in December facing some form of industrial action. The industrial action materially impacted the consumer sector and provided an insight into the simmering frustration around the decline in real wages of the UK population.
There were multiple examples of consumer corporate failures d ....
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25 Jan 2023
Cenkos: Consumer Q1/23
Brighton Pier Group Plc (PIER:LON), 39.5 | Tandem Group plc (TND:LON), 165 | Facilities by ADF PLC (ADF:LON), 52.5 | One Media iP Group PLC (OMIP:LON), 4.2 | Tasty plc (TAST:LON), 1.4 | XLMedia Plc (XLM:LON), 10.0
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Cenkos: Consumer Q1/23
Brighton Pier Group Plc (PIER:LON), 39.5 | Tandem Group plc (TND:LON), 165 | Facilities by ADF PLC (ADF:LON), 52.5 | One Media iP Group PLC (OMIP:LON), 4.2 | Tasty plc (TAST:LON), 1.4 | XLMedia Plc (XLM:LON), 10.0
- Published:
25 Jan 2023 -
Author:
Peter Renton | Cavendish Research -
Pages:
26 -
Key Observations
Despite a second successive decline in CPI during the quarter, inflation remained at one of the highest levels in 40 years (10.5% in December) contributing to a winter of discontent, with each day in December facing some form of industrial action. The industrial action materially impacted the consumer sector and provided an insight into the simmering frustration around the decline in real wages of the UK population.
There were multiple examples of consumer corporate failures d ....