4,500 TSB staff to be given £1,000 payment to weather cost-of-living crisis July 25, 2022 Around 4,500 staff at TSB are to be given a £1,000 payment after the high street lender became the latest firm to announce payouts to help employees weather the cost-of-living crisis. The payment will be made to all staff at the bank earning £35,000 or less and will be made in two stages – one [...]
Aldi raises pay for 26,000 shop staff with Londoners to be paid £11.95 an hour July 25, 2022 Aldi has announced it is raising store assistant pay further, with Londoners to receive £11.95 minimum per hour from the autumn. The discount supermarket said this pay increase means it retains the crown of the country’s best-paying grocer, with store assistants outside the M25 to receive a base pay of £10.50 an hour. Some 26,000 [...]
Now hiring: Aldi launches recruitment drive for 1,000 new logistics roles July 21, 2022 Aldi is the latest firm to take part in a logistics recruitment boom, creating some 1,000 roles across the country over the next year. The discount supermarket wants to expand its distribution, transport and maintenance teams at its 11 regional distribution centres across the country. It comes as retailers are facing a race for distribution [...]
Supermarket shoppers face £454 extra to yearly grocery bill as inflation bites July 19, 2022 Shoppers are now facing a £454 increase to their annual supermarket bills, with grocery price inflation edging towards the highest level since 2008. According to the latest numbers from Kantar, grocery price inflation now sits at 9.9 per cent for the past four weeks. This marks the second highest level of inflation seen since 2008, [...]
Supermarket shoppers turn to frozen and canned meats in a bid to slim cost of weekly shop June 28, 2022 Supermarket shoppers are swapping out traditional meat products for cheaper frozen and canned alternatives, in a bid to cut down on costs. According to freshly published data from NielsenIQ, volume sales across all categories at UK supermarkets dropped 5.5 per cent over the past four weeks. With household bills sky-rocketing in recent months, shoppers have [...]
Graduates set to enter UK’s strongest job market in years as starting salaries soar June 27, 2022 Graduates are set to enter the strongest job market Britain has seen in years, on the back of surging graduate salaries and a major increase in the number of graduate jobs. Graduate salaries are up seven per cent compared to a year ago, while the number of graduate job vacancies is up 59 per cent [...]
Cost of living crunch: Shoppers exposed to extra £380 on yearly grocery bill June 21, 2022 Shoppers are now facing an additional £380 to their annual grocery bill as grocery price inflation has hit its highest level in 13 years. According to freshly published data from insight firm Kantar, grocery price inflation hit 8.3 per cent over the past four weeks, the highest level since April 2009. It comes as all [...]
Tesco to reveal consumer spending habits with update this week June 12, 2022 Supermarket giant Tesco is set to shed more light on how customer spending is holding up as shoppers deal with rapidly increasing food inflation. The UK’s biggest grocer will reveal how trading has performed over the three months to May when it updates shareholders on Friday June 17. Tesco has been resilient despite pressure on [...]
On the rocks: Inflation puts pressure on grocers’ relationships with suppliers June 9, 2022 Tensions are escalating between the country’s retailers and their suppliers, according to research on behalf of the independent groceries regulator. Just over a quarter (26 per cent) of suppliers said they had experienced being refused by a retailer to consider a request for a cost price increase or an unreasonable delay in concluding such a [...]
Why you should drink Cava for the Jubilee May 31, 2022 Cava did itself a disservice after its popularity boom in the 1950s and 60s, flooding the market with cheaper versions and paying the price by putting off discerning consumers for the last few decades. Now they are taking steps to create and cultivate a premium product through greater care and stricter regulations – and the [...]