Inflation

Aldi becomes Britain’s fourth largest supermarket as inflation hits

For the first time ever, Aldi has become Britain’s fourth largest supermarket, as discount grocers continue to benefit from customers…

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Asos hit by weak August sales as inflation weighs on shoppers

Asos has cautioned over profits after sales fell below expectations in August as it warned consumers may be reducing their…

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Matalan eyes sale as inflation dents business

Matalan is reportedly eyeing a potential sale of the discount chain ahead of a looming refinancing deadline, as the business…

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Brits to have more considered Christmas as inflation bites, says eBay

The impact of inflation means consumers will be prioritising value for money and thoughtful gifting this festive season, according to…

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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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