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2779 Search results for food inflation

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  • Range of 30 low-cost items increase in price by 17 per cent in last year – ONS

    October 25, 2022

    A range of 30 every-day low-cost items have increased in price by 17 per cent in the last year, new figures have revealed. Data from the Office for National Statistics show a range of products went up considerably over the 12 months to September, as the cost of living continues to bite.  Items including vegetable [...]

  • Political and economic uncertainty pushes retail footfall down by 2.3 per cent

    October 24, 2022

    Political uncertainty and economic instability contributed to a dip in retail footfall, with high streets being hit the hardest. Across the UK as a whole, there was a marked decline in footfall for retailers by 2.3 per cent last week, New figures from Springboard show. The data shows in the three retail sectors, high streets, [...]

  • Investors pull record £27.9bn from UK funds amid political turmoil

    October 24, 2022

    Investors pulled a record £27.9bn from UK funds last month as the disastrous mini-budget and political turmoil sent shockwaves through the markets, new data has revealed.

  • Google searches for inflation surge by 1000 per cent and overtake Coronavirus

    October 24, 2022

    Google searches for inflation have now overtaken people concerned by Coronavirus.  Between July and October of this year, searches for inflation have surged by more than 1000 per cent compared to last year. This comes as the UK, US and large parts of Europe are gripped by soaring energy and food prices due in part [...]

  • Brits cutting spending sends profit warnings soaring

    October 24, 2022

    Brits cutting spending in response to the cost of living crunch has driven a sharp uptick in the number of businesses warning profits will fall short of expectations, a new report out today shows. Some 86 listed companies issued a profit warning in the three months to September, up from 51 over the same period [...]

  • Tesco raises price of meal deal due to soaring cost of food

    October 21, 2022

    Tesco has raised the price of its well-liked lunchtime meal deal for the first time in a decade as the cost of food soars. The supermarket giant said its meal deal “continues to represent excellent value” but soaring food prices has forced it to up the cost. Inflation is currently at 10.1 per cent while [...]

  • Retail sales volume fall to 1.3 per cent lower than pre-covid levels as cost of living bites

    October 21, 2022

    Retail sales volumes have plummeted to 1.3 per cent lower than pre-coronavirus levels as rising prices and the cost of living continues to bite.  Latest figures from the Office for National Statistics show sales volume on the high street were down by 1.4 per cent in September, though data was impacted by a bank holiday [...]

  • Deliveroo posts growth in Q3 despite tough consumer environment

    October 21, 2022

    Deliveroo continued to benefit from stable growth in the third quarter of the year, as it looked to expanding its offering across the UK and Middle East.  The fast-food delivery giant had year-in-year growth in Q3 with gross transaction value (GTV) per order up six per cent, despite orders being down one per cent, driven [...]

  • Letters: Dealing with the price of milk

    October 21, 2022

    [Re: Food price hikes will become baked in if we can’t choose a fiscal policy and stick with it, yesterday] Can our food prices really become more expensive? I’m not asking, technically if they can – that I’m sure they can do, but can we afford for them to go any higher without Britain becoming [...]

  • Food price hikes will become baked in if we can’t choose a fiscal policy and stick with it

    October 20, 2022

    Yesterday marked a grim milestone. Food and drink price inflation hit its highest recorded level since the 1980s. In the year to September, it has jumped to 14.6 per cent and the rise in food prices has helped push overall inflation over 10 per cent. What’s more, it hasn’t peaked yet – prices will certainly [...]

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