3 h. ago UK interest rates set to be held as inflation ‘uncomfortably high’

Interest rates are set to stay the same as inflation remains at its highest level since the beginning of 2024

Economics

9 h. ago Examples of where inflation jumped in August – and where it eased

Food price inflation is running at its highest level for 18 months.

Economics

10 h. ago Inflation holds steady but soaring price of beef, coffee and chocolate drives up food bills

The rate remained unchanged in the year to August, in line with economist expectations

Economics

11 h. ago Food prices rise again for fifth month in a row despite UK inflation remaining unchanged at 3.8%

Food and drink inflation rose to 5.1%

Economics

12 h. ago UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; Bank of England expected to keep interest rates on hold on ThursdayAt 3.8%, the latest UK inflation data certainly isn’t welcome news for the Bank of England ahead of its decision on Thursday, where it’s widely expected to leave rates on hold, said James Smith, developed markets UK economist at ING.Yet the latest data doesn’t dramatically move the needle one way or another on the prospect of a further rate cut later this year.Inflation is more or less at a peak, though it’s likely to stay in the 3.5-4% area for the rest of this year.However, we think there is still scope for services inflation to undershoot the Bank’s forecasts further in the next release for September. And more broadly, we are seeing a significant easing in rental growth, which is set to be a significant source of service sector disinflation over the coming months.If we’re right about that, it would tip the balance ...

Economics

12 h. ago UK inflation rate: Rising price of milk, beef and coffee hits shoppers in new cost

Some of the biggest price rises seen in everyday staples as economists fear food inflation could peak towards the end of the year

Economics

13 h. ago UK inflation remains at 3.8% but food price rises accelerate for another month

The rate of Consumer Prices Index was 3.8% in August, the same as July, the Office for National Statistics said.

Economics

37 h. ago The world’s love for matcha is about to be tested: ‘It’s going to be a tough ride’

Retail sales of matcha have surged by 86 per cent over the last three years

Politics

8 d. ago Pret A Manger launches new initiative to rival the supermarket lunch

The sandwich and coffee chain has said it will test the format in the final three months of 2025

Politics

9 d. ago Morrisons: UK supermarket cuts prices on everyday groceries to give families a Christmas shopping boost

Shoppers can snap up fresh food, cleaning products and cupboard staples at lower prices 🛒

Economics

1 week ago I went to Greater Manchester's newest food discount store and found half price Heinz, Nescafe and other big brands

It opened last month promising 'mega deals without the mark-up'

Economics

2 w. ago Wetherspoon to slash price of all food and drink for one day only this month

Wetherspoon has announced that it will be cutting the price of all of its food and drink for one day only this month, in a bid to highlight the benefits of a VAT reduction

Politics

2 w. ago Bakkavor cautions over rising costs ahead of £1.2 billion takeover

The fresh food supplier said cost inflation was being driven by price hikes for ingredients and a rising wage bill.

Economics

2 w. ago Price cuts at McDonald's may signal a broader fast food price war

McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal

Events

2 w. ago Parents in England to pay more for school lunches as caterers blame rising costs

As a new academic year begins providers say national insurance rises and food price inflation has forced up pricesParents across England are facing higher prices for school lunches as the new school year begins, with caterers blaming the government’s national insurance increase alongside rising food and energy costs.Lunch providers say increases in staffing costs, including employer national insurance contributions announced by the chancellor last year, have added “significant extra pressure” to their budgets. Continue reading...

Economics

3 w. ago Stanley jar that keeps 'food hot or cold for 7 hours' gets 52% price slash

"If you're looking for a food jar that truly delivers on heat retention, this is a winner"

Politics

3 w. ago Stanley food jar keeps meals hot or cold – now half price on Amazon

Stanley’s bestselling food jar is perfect for soup or oats on the go – and it’s now available on Amazon at half the usual price

Politics

3 w. ago Anyone shopping at Tesco, Asda, Morrisons, given bombshell over chocolate, butter and eggs

Shock new figures show food inflation is soaring with certain products rocketing in price

Economics

3 w. ago Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy

Economics

3 w. ago Man visits Tesco and can't get over price of two sirloin steaks

As the cost and living crisis continues, many shoppers are feeling the pinch especially when it comes to food and drink. Reports suggest the annual rate of food price inflation has shot up to 4.5%

Politics