All Inflation articles – Page 7
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NewsFood inflation hits highest levels since January 2024
It is the fifth month in a row that food prices have climbed, with increases for vegetables, cheese and fish, the Office for National Statistics reported
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NewsMorrisons faces ‘minimum wage’ anger over lack of staff pay rise
Usdaw claimed Morrisons workers had been left ‘angry, disappointed and frustrated’
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NewsAldi like-for-like sales were down in 2024, admits UK chief
Aldi UK & Ireland CEO Giles Hurley blamed investment in expansion and prices
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NewsFood inflation to hit 5.7% by Christmas, warns FDF
The FDF claims inflation will now reach 5.7% by December, an increase from its forecast of 4.8% made in June
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NewsAsda denies ‘squeezing’ staff and boosting profits with payday loans service
The Business & Trade Select Committee has written to Asda over its links to the financial wellbeing app Wagestream, which offers the supermarket’s staff loans of up to £25,000
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Comment & OpinionFood price inflation will bring down Starmer’s government
Sustained food price inflation promises to fuel a cost of living crisis which is immediately obvious to anyone who goes in a supermarket or convenience store (which probably excludes the PM), says Ian Wright, partner at Acuti Associates
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NewsAssociated British Foods shares plummet on consumer spending worries
Investors retreated from Associated British Foods this week as markets worried about a bleak consumer outlook after Primark’s sales came under pressure and the group’s grocery and sugar divisions also struggled
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NewsWes Streeting says supermarkets will be ‘set free’ to decide how to meet new healthy food standard
Streeting said that under his plans for regulation under a new healthy food standard, retailers would be permitted to use promotions to achieve the greatest results on making baskets healthier
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Promotional FeaturesHow retailers can adapt to inflation-driven shopping shifts
Inflation anxiety across the globe is translating directly into changed shopping habits, making it difficult for retailers to respond accurately and efficiently. Here, Trevor Jordaan, senior industry strategies director at Blue Yonder, explains the dynamics in different markets and how retailers need to adapt.
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NewsChristmas chocolates shrink, but prices soar by as much as 33%
It comes after a poor crop of cocoa in west Africa has pushed global cocoa prices to record highs
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NewsUnion bosses warn government not to ‘water down’ workers’ rights legislation after reshuffle
Union bosses fear policies such as “fire and rehire” and zero-hour contracts could be allowed to continue
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NewsSunday trading shake-up on table as ministers aim to calm retail rates row
It’s understood the idea has been informally broached by Treasury sources
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Comment & OpinionCMA’s new powers mean grocery faces intensifying regulation
The CMA has been pushing for these powers for years, and when the legislation was first announced, it was clear the initial intention was to make use of them quickly, says Kate Newman, partner and head of competition at Mills & Reeve
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NewsOutrage as EPR fees face huge rise to pay for councils burning plastic
The plans were revealed in a briefing by Defra bosses this week
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NewsMeat prices will be driven up further by drought, industry warns
A lack of grass growth caused by the hot and dry summer months has meant farmers are having to buy in feed or use winter feed earlier
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Comment & OpinionRetail’s obsession with pushing volume is a zero-sum game
Volume is a zero-sum game right now – this spate of activity is a simple share grab with no net extra for suppliers, says David Sables, CEO of Sentinel Management Consultants
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NewsInflation hits home for middle-income families, shows Asda tracker
Disposable income for families in the bracket fell for the first time since September 2023, amid a sharp rise in inflation
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NewsTesco defends meal deal price increase as inflation crisis continues to bite
Tesco has defended increasing the price of its meal deal, the third price hike since 2022, in another sign of the inflation crisis
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NewsFood inflation hits 18-month high driven by eggs and butter
The price of staples like butter and eggs shot up due to high demand, tightening supply, and increased labour costs, said the BRC
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NewsInflation crisis imminent unless taxes overhauled, warns food industry
Industry leaders blamed rising inflation on a damaging combination of commodity price increases and a raft of government interventions