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UK food inflation

  • Marks and Spencer shares slide as investors brace for inflation hit

    Retail

    Shares in Marks and Spencer have taken a dip as investors fear that rising inflation will push shoppers away from the upmarket grocer and towards its budget rivals.  FTSE-100-listed M&S, whose food arm accounts for more than half of its revenue, dropped as much as four per cent on Wednesday to 357p.  The share price [...]

    Marks & Spencer Food store in Clapham Junction, London, with a red double-decker bus blurring past.
  • Itsu blames inflation and Labour tax hikes as rising costs bite

    Hospitality

    Itsu has posted its third consecutive annual loss as the Asian food-to-to chain blamed surging inflation and Labour hikes to employment taxes for its rising costs. The edamame eatery, founded by the grab-and-go tycoon behind Pret a Manger, said the UK’s fast food industry is suffering from fragile consumer confidence and a rising tax burden.  [...]

    itsu restaurant storefront with eat beautiful slogan, showcasing Asian salads, sushi, soups, and rice bowls.
  • Food inflation set to surge next year as Iran war ramps up supply costs

    Retail

    Food inflation could top six per cent next year as rising fuel prices triggered by the war in Iran ramp up supply chain costs, a top food industry body has warned. The Food and Drink Federation (FDF), which represents the UK’s food manufacturers, has urged the government to help the industry keep its costs down, [...]

    Shopper places produce into a cart in a grocery store aisle with mostly empty shelves, indicating supply shortages.
  • 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 [...]

  • 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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