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The Latest Breaking News from Helen Dickinson

Britain Pressures Supermarkets To Cap Food Prices

British supermarkets already operate on thin margins, but politicians are treating their prices as if they were arbitrary.

Reason

Government food price caps would be ‘preposterous and idiotic’, say supermarkets

A Government minister denied plans for price caps but confirmed that it is holding talks with supermarkets amid concerns over rising inflation.

Evening Standard

Supermarket bosses say food price caps would be ‘preposterous’ and ‘idiotic’

A government minister denied any concrete plans for price caps but confirmed ongoing discussions with supermarkets

The Independent UK

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Supermarkets warn food costs due to Iran war will keep soaring unless ministers take action

Higher food inflation not just down to Iran conflict, plead supermarkets

The Independent UK

Four in five Britons worried Iran war will make food more expensive, poll finds

Shoppers concerned about effect of Middle East conflict, as UK retailers say government running out of time to cut costs

The Guardian - UK

Supermarket price rises on the way as ‘full force’ of Iran war hits, warn retailers

Prime minister admits pain could be long-lasting but urges Britons not to panic

The Independent UK

Government urged to reduce cost of living as UK consumer confidence plunges

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The Independent UK

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British consumer confidence plunges to record low as Middle East conflict fuels inflation fears

British consumers are anticipating rising costs over the coming months due to the Iran war

The Independent UK

Consumer confidence ‘collapses’ as Middle East war escalates

Consumer expectations of the economy over the next three months has fallen to its lowest level on record, the BRC and Opinium found.

The Independent UK

Criminals ‘systematically’ targeting UK shops, costing £400m last year, say retailers

British Retail Consortium warns over ‘endemic’ violence towards shop workers and says theft is causing anxiety

The Guardian - UK

Retailers in UK plan to cut staff hours and jobs amid rising employment costs

BRC survey finds finance bosses expect technology to improve productivity, with 69% pessimistic about the economy

The Guardian - UK

National insurance hike and energy bills behind food price rise, say UK retailers

Latest BRC figures show year-on-year rate of increase was 3.9% in January, up from 3.3% the month before

The Guardian - UK

Retailers suffer ‘drab’ Christmas as shoppers shun gifting for sales – figures

Total UK retail sales were up 1.2% year-on-year in December – well below last December’s growth of 3.2% and the 12-month average of 2.3%.

Evening Standard

Good news for shoppers as price increases ease just in time for Christmas

Last month, shop price increases slowed, as did food inflation

The Independent UK

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Evening Standard

Shop price inflation slows despite soaring cost of fresh food

Overall shop price inflation has slowed to 1%, but fresh food is now 4.3% more expensive than a year ago, according to the BRC-NIQ Shop Price Monitor.

International Business Times UK

UK Supermarkets Warn Rachel Reeves: Tax Hike Would Bring 'Inevitable' Blow to Food Prices

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

The Guardian - UK

Retailers say tax rises could further fuel inflation as shop prices jump

BRC says households are finding shopping increasingly expensive after annual shop price inflation rises to 1.4%

The Guardian - UK

Egg and butter prices drive up UK food inflation as households feel squeeze

Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium

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The Independent UK

Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Guardian - UK

Tax rises in autumn would force our prices up, retailers tell Reeves

Lobby group says shops have already had to put up prices and new increases would leave households struggling

The Independent UK

Your food shopping bill is set to increase. Here’s how much

Food inflation is set to soar to 6 per cent by the end of the year, posing a "significant challenge" to household budgets just as Christmas approaches, industry leaders have warned.

The Guardian - UK

Rising UK food prices turn cash-strapped shoppers away from high street

BRC says food prices rose by 4% in July from 2024, while CBI blames economic uncertainty for people not spending

The Independent UK

Surging meat and tea prices drive food price inflation up for sixth month

Helen Dickinson of BRC said staples such as meat and tea were hit the hardest by price increases.

The Guardian - UK

Zero-hours contracts: peers accused of ‘trying to block stronger UK workers’ rights’

Lords ‘doing bidding of bad bosses’, says TUC, amid growing campaign by business leaders to water down Labour’s plans

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NIQ

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