Inflation

UK Food Price Inflation Of 15% Is Coming, IGD Warns

Food price inflation in Britain is likely to peak at up to 15% this summer and will remain at high levels into 2023, IGD has warned, dealing another blow t...

IGD: UK Grocery Market To Grow 11.3%, Largely Driven By Inflation

The UK grocery market is to grow 11.3% between 2022 and 2027, to a total value of £241.3 billion (€276.9 billion), according to a new study by I...

Tesco To Give Snapshot Of UK Consumer Mood As Outlook Darkens

The fragile state of the British consumer will be laid bare this week when Tesco, the country's biggest retailer, updates on trading amid a worsening cost...

Security Trumps Obesity In Britain's First 'Food Strategy'

Britain set out its first national food strategy, focused on increasing domestic output of some produce to boost food security while rejecting a recommenda...

UK's Johnson Warns Against Pushing Food Prices Up With New Taxes

New taxes to tackle obesity would push up the costs of living at a time when global food prices are spiking, British Prime Minister Boris Johnson said ahea...

Tesco Raises Price It Pays Milk Suppliers Again

Britain's Tesco will hike the price it pays for all its fresh milk for a second time in three months as suppliers battle unprecedented levels of on-farm in...

Morrisons To Raise Minimum Hourly Pay To £10.20

Morrisons plans to raise minimum hourly pay to £10.20 for store and manufacturing colleagues who have completed probation their period.

Spanish Core Inflation At Its Highest Since 1995: INE

Spanish national consumer prices rose 8.7% year-on-year in May, up from 8.3% in April, with core inflation hitting its highest since 1995, official data sh...