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food inflation

  • Morrisons pledges to slash prices as price war intensifies

    August 24, 2026

    Morrisons has pledged to match prices with its rivals on hundreds of products, as the debt-ridden grocer ramps up an emerging price war between UK supermarkets.  The private-equity-owned supermarket has vowed that 500 of its “everyday essentials” will not be found cheaper at any of Tesco, Sainsbury’s, Asda, Aldi or Lidl.  Britain’s supermarkets are fighting [...]

  • Supermarkets ‘actively shielding’ shoppers as food inflation falls again

    August 19, 2026

    Food inflation fell again in July to its lowest level in nearly five years, as retailers claim they are “actively shielding” consumers from worse price rises. The rate of food price inflation slipped to 1.3 per cent last month, down from 1.7 per cent in June, to reach the lowest point since September 2021.  Industry [...]

  • Picky Brits: Heatwave fuels surge in finger food spending

    August 18, 2026

    Record summer temperatures have driven a surge in “picky bits” spending as British shoppers rush to the chilled aisle in a boost to UK supermarkets.  The sweltering heat is causing Brits to cut back their grocery bills, instead spending little and often on items like olives and quiche, according to figures from Worldpanel by Numerator.  [...]

  • Soaring energy bills set to fuel inflation spike

    August 16, 2026

    Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer boost to the economy could be fleeting. The rate of Consumer Prices Index (CPI) inflation is tipped to rise to 2.9 per cent in July, climbing from June’s 15-month low of 2.6 per cent, when the Office [...]

  • Brits think supermarkets are profiteering – despite slowing food inflation

    August 12, 2026

    The majority of Brits think that supermarkets are profiteering from rising food prices caused by the Iran war despite the Chancellor John Healey recently admitting there was little evidence of the practice, new polling has revealed.  Some 70 per cent of UK voters believe that supermarkets are making “excessive” profits from food inflation, according to [...]

  • Retailers hit back at Healey’s ‘profiteering’ threat

    August 3, 2026

    Retailers have hit back at the Chancellor’s warning against profiteering, saying they will prove they have fought hard to keep food prices down during the Iran war. Chancellor John Healey said at the weekend that the Treasury is prepared to crack down on any retailers which are taking Brits “for a ride” by using the [...]

  • Temporary inflation slowdown set to boost Burnham

    July 19, 2026

    Inflation is expected to have eased last month in a welcome but temporary boost for Andy Burnham’s incoming government.  The headline rate of Consumer Prices Index (CPI) inflation is tipped to have eased from 2.8 per cent in May to 2.6 per cent in June, according to some economists.  The latest rate of inflation will [...]

  • UK economy tipped to stall as Iran war chokes growth

    July 12, 2026

    The UK’s economy is expected to stall another month as the Iran war continues to choke growth and some industries face slowing output. Gross domestic product (GDP) is expected to have slipped again by 0.1 per cent in May, according to some economists. The UK’s growth update, delivered by the Office for National Statistics (ONS) [...]

  • Miliband would be ‘disaster’ as Chancellor, says Labour cost of living chief 

    June 26, 2026

    Keir Starmer’s cost of living champion has warned that Ed Miliband would be a “disaster” as Andy Burnham’s Chancellor. Lord Richard Walker, who is also executive chairman of budget supermarket Iceland, told BBC Newsnight that the current energy secretary’s net-zero policies are putting an undue burden on household bills. He said: “Climate change is real, [...]

  • Kaleb Cooper: Brits don’t care about the price of milk 

    June 19, 2026

    Brits don’t care about the price of milk, Kaleb Cooper has said, as he urged shoppers to buy more locally-made produce. The Clarkson’s Farm star told City AM that farmers would be “very, very grateful” for price rises if passed on to producers amid a battle to stay profitable in the face of higher costs. [...]

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