It said that price cuts would be insufficient for them to regain momentum and that their estates of supermarkets must shrink.

The findings will raise fears that the economy will struggle to regain momentum quickly enough to stave off another jump in unemployment.

As the economy begins to regain momentum, companies will want to make the most of the upswing.

In the past few months there have been some tentative signs that household spending has started to regain momentum.

The services sector grew at its fastest rate in more than five years last month as the economy started to regain momentum after the lockdown.