Shop prices see deflation

first_imgShop prices saw their deepest deflation since February 2007, according to the latest price index from the British Retail Consortium.Annual deflation was reported for overall shop prices, for the second consecutive month, in its June 2013 price index, falling 0.2% from 0.1% in May.However food inflation increased to 2.7%, from 2.4% in May. Non-food reported annual deflation of 1.9% in June from 1.5% in May.Helen Dickinson, director general, British Retail Consortium, said: “Shop prices fell at their fastest rate since February 2007, building on the downward trend that we saw in May.“The deflation is driven entirely by non-food, a reflection that the summer sales are well under way as retailers battle it out to shift stock and compete for customer spending.”She said that food inflation had edged up marginally, driven by slight increases in ambient and fresh food prices. “However, I would expect it to remain fairly stable over the medium term,” she added.Commenting on the increase in food inflation, Mike Watkins, head of retailer and business insight at Nielsen, said: “After a three-year low point in shop price inflation and a slight recovery in volume growth in the last six months, and with promotion spend plateauing, some seasonal cost price increases are again filtering through to the shelf.“If this trend continues, it will set the shoppers’ agenda for the next six months and food retailers may need to focus on simple price cuts as well as multi-buys in order to drive footfall and spend.”last_img read more


Arsenal confirm £25m signing of Kieran Tierney from Celtic

first_img Metro Sport ReporterThursday 8 Aug 2019 4:50 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2kShares Tierney has earned 12 caps for Scotland (Picture: Getty)Tierney is currently recovering from a double hernia operation, meaning he will miss this weekend’s clash with Newcastle.Before Tierney’s move south of the border, Celtic boss Neil Lennon predicted the left-back would return to full fitness before the end of the month.‘He’ll be fit in a week or two. He still has some abductor pain, but I think the pubic problem is starting to settle and he’s over the double hernia,’ Lennon said earlier this week.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves‘I know there is talk of him being out for another eight weeks, but that’s nonsense. I don’t know where that’s come from.‘He’s missed the whole of pre-season, but I’d say he’s more or less a week away from getting back integrated to the training.‘Add another week or ten days on top of that before he’s ready to play.’MORE: Chelsea fan caught punching David Luiz poster on live TV ahead of Arsenal transfer move Tierney is the fifth new addition through the doors at Arsenal this summer, with Dani Ceballos (loan), Gabriel Martinelli, Nicolas Pepe and William Saliba – who has been loaned back to Saint-Etienne – also arriving in recent weeks.With Nacho Monreal turning 34 next year and Sead Kolasinac unsuited to Unai Emery’s proposed flat back four, Tierney was identified as Arsenal’s first-choice target.The young full-back broke into Celtic’s first-team back in 2015 and quickly established himself as the club’s first-choice left-back, making 170 appearances across five seasons with the Bhoys. Advertisement Commentcenter_img Arsenal confirm £25m signing of Kieran Tierney from Celtic Kieran Tierney has completed a £25m move from Celtic to Arsenal (Picture: Arsenal FC)Arsenal have confirmed the £25million signing of Kieran Tierney from Celtic.Tierney, 22, who was earmarked as Arsenal’s priority left-back target at the start of the summer, has signed a five-year contract at the Emirates and will wear the No.3 shirt.Celtic rejected Arsenal’s two opening bids for Tierney but a Scottish record deal was agreed for the Scotland international with just hours remaining of the transfer window.Tierney made the trip from Glasgow to London on Wednesday before completing a medical with the Gunners.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityOn Tierney’s arrival, Arsenal boss Unai Emery told the club’s official website: ‘We’re delighted Kieran is joining us.AdvertisementAdvertisement‘He’s a very talented player who will continue to improve. He increases our options defensively and I look forward to him joining our group.’Arsenal are also expected to announce David Luiz’s arrival imminently after an £8m agreement was reached with Chelsea for the 32-year-old defender.He’s here…Welcome to The Arsenal, @kierantierney1 👋🏴󠁧󠁢󠁳󠁣󠁴󠁿 #TimeForTierney pic.twitter.com/oGJQ5BIIrY— Arsenal (@Arsenal) August 8, 2019 Advertisementlast_img read more


Take a look inside the biggest deals chalked up in Brisbane in the past five years

first_imgInside the bathroom of the Harbour Rd, Hamilton home when it was listed for sale.The home, called Balaam, sits on a prime 50m riverfront site among the high-rises. When the trophy home hit the market it was in such demand that six contracts were offered for it. This Virginia Ave, Hawthorne home achieved the biggest sale price in 2013The three-level riverfront home looks out over the water to New Farm Park. It has open plan living areas on the lower level and the outdoor entertaining area has a terrace and pool which also has river views. The view from Welsby St, New Farm. Picture: CoreLogic The Harbour Rd, Hamilton home at the time of listing.The eight-bedroom, nine-bathroom home was designed by architect Shaun Lockyer. It has two-swimming pools, and a fireman’s pole with a cubby house and fire pit. 2014 This was the year a company associated with Australia’s richest person, Gina Rinehart made a big play in the Brisbane property market securing at home at Aaron Ave, Hawthorne for $14 million. Even the pool at the Welsby St, house has a river view. Picture: CoreLogicThe home has access to a 15 metre pontoon. With views like this, it’s not hard to see why this home at Leopard St, Kangaroo Point was a record breaker.The five-bedroom, six bathroom home, is perched atop the cliffs at Kangaroo Point and has views across the Brisbane River and the city skyline. Inside the kitchen area of Welsby St, New Farm. Picture: CoreLogic 2015 The sale of a riverfront home at Harbour Rd, Hamilton for $11.8 million was the biggest house sale chalked up in 2015. The sale of this Harbour Rd, Hamilton home was the biggest for 2015.BRISBANE’S house price record was smashed last week in a deal more than $4 million higher than the previous best house sale price.While not every year is a record breaking one – the previous record of $14 million was held since 2014 – each year does turn up some significant sales. GET THE LATEST REAL ESTATE NEWS FREE STRAIGHT TO YOUR INBOX While the homes are in different suburbs, and are very different styles, the one thing they all have in common is river views. RIVERFRONT HOME BAGS TOP SPOT BRISBANE’S MOST EXPENSIVE HOUSE SALE Take a tour through the biggest house sales of the year every year for the past five years. 2017 The year is not over yet, but surely it would be hard to beat the $18.48 million achieved with the sale of Leopard St, Kangaroo Point. Harbour Rd, Hamilton when it was listed in 2015. This is how the home at Virginia Ave, Hawthorne looked when it was marketed in 2013. Inside Virginia Ave, Hawthorne in 2013. The riverfront home at Aaron Ave, Hawthorne was the biggest Brisbane sale in 2014. It was sold off market, so there are no pictures of what it looks like inside.The riverfront home is on a massive 3400sq m block. It has a pool, tennis court and views across the river to New Farm.It also came with a private pontoon and the deal included a neighbouring block of land which housed an untouched 1930s bungalow. 2013 The top sale for 2013 was a home at Virginia Ave, Hawthorne. It changed hands late in the year for $7.48 million. It has enormous walk in wardrobes. Even the bathtub has great views.The three-storey home has Saint Lorraine marble flooring imported from Greece, an infinity swimming pool which looks out across the Brisbane River and a temperature controlled wine cellar. 2016 River views were also a big selling point for this home at Welsby St, New Farm which was the top seller for 2016.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor7 hours agoThe sale of this home at Welsby Street, New Farm was a big deal in 2016, taking out the top sale for Brisbane that year.The three-level riverfront home traded for $10.5 million. It has four bedrooms and four bathrooms while the open plan living, kitchen and dining space flows out to an alfresco dining area and lap pool with infinity edge. The home at Harbour Rd, Hamilton has extraordinary river views.The deal included a second title and a development application for a 10-storey building.last_img read more


NBA trade rumors: Paul George requested to be moved because Kawhi Leonard recruited him to Clippers

first_imgThe NBA world wasn’t the only one surprised by the Clippers making a trade for Paul George — it was a “complete and total” shock to the Thunder as well. George’s agent, Aaron Mintz, had called the Thunder to request a trade on behalf of his client a few days ago, according to ESPN, which cited unidentified sources. But there was a reason why George requested a trade.  Lakers free agency rumors: L.A. fills out roster with DeMarcus Cousins, 6 others after missing out on Kawhi Leonard Davis had requested a trade in January, but after weeks of speculation that he would be sent to the Lakers, the deal fell through and New Orleans failed to move him before the trade deadline. Just before free agency opened, however, the two sides eventually reached a deal to send Davis to Los Angeles.  Kawhi Leonard to Clippers: What the star’s departure means for Raptorscenter_img Kawhi Leonard recruited George to join him with the Clippers, even though George had signed a four-year deal with the Thunder last offseason. In order for the Clippers to sign Leonard, they had to have George as well, per the report.Paul George’s trade request was a shock to the Thunder, and left them no choice but to oblige for a monstrous haul: https://t.co/wJVAwohoHq— Royce Young (@royceyoung) July 6, 2019The Thunder could have denied George’s request and tried to make it work, but they reportedly were concerned it could turn into a situation similar to Anthony Davis’ departure with the Pelicans. Related News With the Clippers’ big offseason move, they sent Shai Gilgeous-Alexander, Danilo Gallinari and five first-round draft picks, four of which will be unprotected, to the Thunder in a blockbuster trade. ESPN notes the deal is more than the Pelicans got for Anthony Davis, which was the previous precedent of return for a superstar of that caliber. The Thunder opened free agency by re-signing Nerlens Noel and then adding Mike Muscala and Alec Burks. The transactions are low-level, and moves the Thunder likely wouldn’t have made knowing they would be trading away a core piece of their franchise. Oklahoma City finished the regular season with a sixth-place finish in the Western Conference race and it held a 49-33 record. The Thunder had a disappointing early exit from the playoffs after the Trail Blazers eliminated them in five games.last_img read more