‘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 [...]
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 [...]
Reeves and Miliband to call on G7 to follow UK’s energy lead March 29, 2026 Rachel Reeves is set to call on fellow G7 nations to follow the UK’s lead in the transition to renewable and nuclear power as the unfolding energy crisis ripples through global economies. The Chancellor is expected to urge G7 partners to commit to long-term energy security as she meets fellow finance ministers, energy ministers and [...]
Asda boss says ‘plenty to do’ in turnaround after sales drop March 27, 2026 The boss of Asda has said he has “plenty to do” to complete his turnaround of the firm after sales and earnings slumped. The supermarket giant, the UK’s third largest, took £21bn of sales excluding fuel in 2025, down by 3.3 per cent, while adjusted earnings tumbled by a third to £764m. Asda’s executive chair [...]
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. [...]
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 [...]
Brits go budget as ready meals replace restaurant dates March 4, 2026 Shoppers are opting for own-brand ready meals instead of fancy restaurant dinners in a boost for supermarkets. Brits are spending more on groceries but getting less for their money, as total till sales at UK supermarkets grew 3.3 per cent in the four weeks leading up to 22 February while the number of units sold [...]
Iceland versus Iceland: Trademark feud put on ice March 4, 2026 The decades-long trademark dispute between UK retailer Iceland and its Nordic namesake looks to be thawing as the supermarket’s boss offered discounts for shoppers in Reykjavik. Executive chair Richard Walker has signalled an end to the frosty dispute between Iceland and Iceland which was kicked off by his father, the retailer’s co-founder Malcom Walker. The [...]
Soaring food costs send shop price inflation higher January 6, 2026 Soaring food costs pushed shop price inflation higher in December, fresh data has revealed, as Brits faced the crunch during the Christmas season. Food inflation reached 3.3 per cent in the final month of 2025, up from three per cent in November, with fresh produce rising to 3.8 per cent from 3.6 per cent previously. [...]
Majority of Brits think economy is getting worse December 30, 2025 A majority of Brits think the economy is getting worse, with sentiment souring significantly amid rising prices and weak growth. Nearly six in ten Brits believe the UK economy is on a downward spiral, a major jump from 43 per cent at the beginning of the year, marking a significant blow to Chancellor Rachel Reeves [...]