Inflation

TK Maxx owner’s sales hit by ‘historical’ inflation

TK Maxx owner, The TJX Companies, has revealed net sales for the second quarter of Fiscal 2023 ended July 30…

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Inflation hits new 40-year high at 10.1%

Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI)…

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Grocery price inflation hits new peak, Kantar finds

Supermarket sales rose by 2.2% in the 12 weeks to 7 August according to the latest take-home grocery figures from…

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Wages see highest fall on record amid rising inflation

Regular pay in the UK has fallen by a “record” 3% in the quarter ending June 2022, the steepest decline…

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Sharon White: Gov needs to get over 50s back into work to curb inflation

The boss of John Lewis has said the large number of over 50s who left the workforce during the pandemic…

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Supermarket sales see minor rise amid rising inflation

Supermarket sales rose by 0.1% in the 12 weeks to 10 July 2022 despite grocery inflation rising another 1.6%, according…

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Inflation hits 40-year high at 9.4%

Inflation has hit a new 40-year high with consumer price inflation reaching 9.4% in June, up from 9.1% in May,…

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Household budgets continue to tighten amid rising inflation

Data from Barclaycard has revealed that spending on essential items increased 4.4%, which has been largely driven by a surge…

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Poundland to expands £1 range in response to inflation

Poundland has confirmed its intentions to reset 850-plus stores and expand the products it sells for £1 in response to…

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Shop price inflation hits highest level since 2008

Shop price annual inflation increased to 3.1% in June 2022, up from 2.8% in May, marking the highest rate of…

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