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The Latest Breaking News from Kantar

Company insolvencies jump 27% as high interest rates hit economy; UK grocery price inflation dips – as it happened

Grocery price inflation has dropped to 14.9%, still painfully high, while over 2,000 companies collapsed in June

The Guardian - UK

UK inflation expected to fall after grocery price rises ease

Shoppers turning to loyalty schemes like Tesco Clubcard and Sainsbury’s Nectar to help cut costs at checkout

The Guardian - UK

Grocery price inflation show biggest drop since March peak

The figure fell to 14.9% in the four weeks to July 9, from a peak of 17.5% in March.

The Independent UK

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Ping your heart out: how the UK fell back in love with the microwave

Sales up as people try to save money on energy bills and top chefs extol ease and virtues of microwave cooking

The Guardian - UK

Irish consumers spend additional €2.9m on beer and lager during hot weather, experts reveal

Findings from Kantar, which is an insights and consulting company, said punters also forked an extra €1.9 million on chilled burgers and grills while €1.2 million was spent on fresh sausages.

Irish Mirror

Households are cooking simpler meals to cut bills

Research found an increase in microwave meals being cooked amid high grocery costs

Evening Standard

Fewer ingredients, simpler meals, more microwaves: Sky-high food prices are changing how people eat and cook

Supermarket inflation has fallen to the lowest rate this year, but household budgets are still under enormous pressure

Manchester Evening News

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Grocery price inflation falls to lowest monthly rate this year - but still remains high

Inflation dropped to 16.5% for the four weeks to June 11, according to Kantar - this is down from 17.2% the previous month and a further decline from the record 17.5% recorded in March

Daily Mirror

Inflation forces supermarkets to up £1 items to £1.25, data shows

Kantar survey is released day before official figures expected to show a slight easing in UK inflation rate

The Guardian - UK

Hunt rules out mortgage support or food price caps; Mortgage ticking time bomb is ‘now exploding’ – as it happened

Jeremy Hunt faces calls to introduce mortgage interest tax relielf from Conservative MPs at Treasury Questions, and rules out price caps on food

The Guardian - UK

What we buy, when we buy and where we shop have all changed in last three years

Covid and the cost of living have changed the face of supermarket shopping

Wales Online

UK food bills: can you really save money if you buy frozen?

Some experts claim heading for the freezer will cut costs and help save the planet. Here’s how the figures stack up

The Guardian - UK

Homeowners warned they could be hit with two interest rate hikes this summer

IMF warns that interest rates will rise further but forecast that the UK would avoid a recession

Evening Standard

UK food price inflation at third-highest level since 2008

Jeremy Hunt to meet food manufacturers over prices as Kantar says rate is still ‘incredibly high’

The Guardian - UK

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The Guardian - UK

UK growth forecast upgraded by IMF; Bank of England governor says ‘big lessons to learn’ after inflation shock – as it happened

New IMF report shows “a big upgrade to the UK’s growth forecast” says Jeremy Hunt, with UK expected to grow by 0.4% this year not shrink by 0.3%

Daily Mirror

Shoppers in Britain forced to pay £833 MORE for their food than this time last year

Market analysts at Kantar today revealed grocery price inflation dropped slightly to 17.2% for the four weeks to May 14 - but this is only down from the previous 17.3%

The Independent UK

Grocery price inflation drops slightly but remains sky-high

Price rises failed to dampen spirits at coronation as shoppers spent an additional £218 million in week King was officially crowned

Daily Mirror

Food inflation hits another record high but clothing price rises ease

The latest BRC-NielsenIQ shop price index found food prices soared 15.7% in April but discounts at fashion and furniture stores meant wider retail inflation slowed

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Wales Online

Two thirds of us now shop at Aldi

One in every £10 spent at a supermarket is spent with Aldi

Tom’s Guide

Netflix password-sharing crackdown reportedly led to 1 million canceled accounts

Netflix's password-sharing crackdown led to a spike in canceled accounts, but it's not bothered.

The Guardian - UK

Britons turn to stores’ bargain ranges as grocery price inflation stays above 17%

Cost of living squeeze continues, led by price rises for eggs, milk and cheese, say analysts Kantar

Daily Mirror

Grocery price inflation dips - but shoppers still paying 17.3% more in supermarkets

Analysts at Kantar today revealed grocery price inflation dropped slightly to 17.3% for the four weeks to April 16 - down marginally from a record 17.5%

The Guardian - UK

Brits ‘need to accept’ they’re worse off and stop pushing wages and prices higher, says BoE chief economist – as it happened

Huw Pill says someone in UK needs to accept that they’re worse off and stop trying to maintain their real spending power through higher wages or prices

The Independent UK

Aldi and own brands: Figures reveal how the UK is changing its big shop

Aldi reached beyond a 10% share of the market for the first time this month

Wales Online

Food prices are still going up 17.3% faster than last year

Lidl was the fastest growing grocer with sales increasing by 25.1%, while Aldi was just behind on 25%

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