All Inflation articles – Page 6
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NewsPoundstretcher announces pay rise for employees as inflation soars
Poundstretcher announced that it would give a 10% pay rise to nearly 4,000 employees, effective from April 1.
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NewsTesco chair says food firms driving up prices unnecessarily
Some food firms may be driving up prices further than necessary by using inflation as an excuse, Tesco’s chair has told the BBC.
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NewsInflation dips in December but UK households still feel squeeze
UK inflation dipped in December but remains at one of the highest levels since records began as the cost-of-living crisis continues.
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NewsExclusive: Air fryer prices rocket by up to 90% in the past year
Air fryers have soared in price over the past year as demand for low-energy home appliances grows during the cost-of-living crisis.
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NewsDecember sales rise as Christmas brings some cheer for retailers
UK retail sales rose in December 2022 but the uptick masked a drop in volumes due to inflation running at historically high levels, the latest BRC-KPMG Retail Sales Monitor has found.
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NewsWaitrose launches month-long offers to help customers with cost of living
Waitrose is offering customers price reductions across thousands of products during January to help ease the ongoing cost-of-living crisis.
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AnalysisAnalysis: Next’s Lord Wolfson – caution in 2023 but ‘light at end of tunnel’ for retailers
A profit upgrade but reduced expectations for the year ahead – what to make of Next’s Christmas update? Chief executive Lord Wolfson unpicks the trading messages
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NewsFood inflation leaps to highest rate on record
Food inflation has risen to its highest rate on record, accelerating to 13.3% last month, the latest figures from the BRC-Nielsen Shop Price Index have shown.
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AnalysisWhat’s in store for 2023? Very, Primark and Kingfisher bosses predict the year ahead
In the last year, the UK has leapt from a pandemic to a political circus straight into an economic whirlwind, begging the question: what’s next? So we’ve asked the bosses of retail to predict the unpredictable and tell us the trends they think will dominate and direct the sector in 2023
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AnalysisThe Big Shop Barometer: Data reveals who is really winning grocery’s festive price war
Big four giants Tesco and Asda have closed the price gap on Aldi as grocery retailers battle to secure sales during the crucial Christmas trading period.
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News‘Bleak winter’ ahead as inflationary shop prices break new records
With shop price inflation showing no signs of slowing down heading into the final month of the year, the British Retail Consortium has predicted an “increasingly bleak” winter for retail.
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NewsExclusive: Wickes to invest £3.5m in early pay rise for staff
Wickes is bringing forward its annual pay review to support staff during the cost-of-living crisis.
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DataConsumer confidence inches up as Sunak takes charge
Consumer confidence has increased slightly, up from the historic lows it reached in recent months.
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NewsLidl profits soar as customers switch millions of pounds to discounter
Lidl profits and sales have soared as deepening food inflation and the worsening cost-of-living crisis have seen hundreds of thousands of customers a week making the switch from supermarkets to the discounter.
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NewsConsumer price inflation reaches new heights in October
Consumer price inflation has reached the highest level in 41 years, largely driven by fuel and food price rises.
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DataGrocery shoppers flock to own-brand products as inflation pressure mounts
Consumers upped their spending on grocers’ own-brand lines last month as food price inflation reached another high.
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AnalysisHow Sainsbury's is shaping up for Christmas: value, own-brand and resurgent Argos
After reporting first-half results today, Sainsbury’s chief executive Simon Roberts looked forward to the coming Christmas period, which is set to be more value-led than any in living memory.
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InterviewInterview: Biscuiteers founder Harriet Hastings on Christmas, mail strikes and cheap imitations
Biscuiteers founder Harriet Hastings has baked herself a multi-million-pound high-end biscuit empire. She reflects on how she built her business and how it plans to deal with historic lows in consumer confidence and rampant inflation
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NewsWickes warns of spiralling energy bill as sales rise
Wickes has warned its energy bill is set to soar by £7.5m next year as it flagged the impact of “uncertainties” surrounding operating cost inflation and consumer confidence.
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NewsConsumer price inflation peaks as food prices soar
Consumer prices soared in the 12 months to September, driven by rising food and beverage prices.