Supermarket bosses meet Rachel Reeves amid dire food inflation warning April 1, 2026 The bosses of some of the UK’s biggest supermarkets met Chancellor Rachel Reeves in emergency cost of living talks on Wednesday, amid warnings that food inflation could rise to double digits this year. Leading supermarkets including Tesco, Sainsbury’s and Morrisons attended Downing Street after efforts to gather industry bosses last week were abandoned amid concerns [...]
‘Unprecedented’ – Food inflation to soar to 9 per cent by end of year April 1, 2026 Food inflation will soar from three to nine per cent by the end of this year due to the “unprecedented” energy and supply chain shocks caused by the Iran war, a leading association has warned. The rate of food price growth is currently at 3.3 per cent but will climb to nine per cent by [...]
Motor finance compensation to ‘to fire starting gun’ on banking M&A March 31, 2026 The financial watchdog’s long-awaited motor finance redress scheme is predicted to “fire the starting gun” on a wave of deals throughout the banking sector. The Financial Conduct Authority (FCA) launched the final rules for its redress programme on Monday, with the bill for lenders expected to come in at just north of £9bn, down from [...]
Reeves summons supermarket bosses again after snub March 31, 2026 Rachel Reeves has summoned supermarket bosses for a Downing Street meeting on Wednesday after being snubbed last week. The new meeting will be attended by executives at Sainsbury’s and Tesco but bosses at Asda, Aldi and John Lewis will miss out, supposedly due to diary clashes. The Chancellor hastily invited grocery executives to a meeting [...]
Tesco beats Clubcard copycats to claim loyalty scheme crown March 27, 2026 Tesco’s beloved Clubcard has triumphed against rivals Sainsbury’s and Greggs to be named the country’s most valued loyalty scheme. The supermarket giant’s Clubcard is the UK’s most effective, according to an index by software firm HyperFinity which polled Brits on the value, customer satisfaction and rewards offered by loyalty schemes at more than 50 retailers. [...]
Firms scramble to keep up as the UK prepares to align with EU food standards March 25, 2026 Fans of Clarkson’s Farm will know that, for British farmers, dealing with the EU presents an endless stream of headaches and paperwork. But things are changing fast – too fast, many worry – in the UK’s complex web of food production, and farmers and manufacturers are scrambling to meet changes in legislation coming down the [...]
Gousto founder: Rise of weight-loss jabs ‘a depressing state of affairs’ March 19, 2026 Gousto founder Timo Boldt is on a mission to make the UK’s food system healthier. But in a world of weight-loss jabs – and after a succession of failed government initiatives – Ali Lyon asks whether he is fighting a losing battle. What goes into the most moreish hamburger on earth? Ask the owners of [...]
City AM Awards 2026: Meet the Finalists March 18, 2026 And the nominees are…. Personality of the Year Greg Jackson CBE The entrepreneur and CEO of Octopus Energy has become one of the UK’s most prominent business leaders, known for his straight talking and punchy views across a range of topics including UK entrepreneurship, the business environment, capital markets and, of course, energy. In August [...]
‘It’s a feeding frenzy’: US consultancy scoops up dozens of senior Global Counsel staff March 10, 2026 A little-known American advisory firm is poised to hire up to a quarter of Global Counsel’s senior leadership team, amid a “feeding frenzy” that has broken out for top staff left jobless by the ignominious collapse of the Peter Mandelson-founded lobbying group. Washington-headquartered Capstone expects to confirm as many as 20 senior hires in the [...]
Staff bonus up in air as John Lewis tempers expectations March 8, 2026 Many of John Lewis’ more than 70,000 employees will be hoping for some good news next week, as the retail giant will announce whether it will be reinstating its sorely missed staff bonus after years of freezes. The bonus handed out to staff had long been a central part of John Lewis’ brand, as symbolic [...]