Inflation

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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Inflation drives disposable income to ‘lowest ever level’

Household discretionary income has fallen -17.2% in May to £41.94 a week (equivalent to £167.76 per month), marking another “record”…

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Inflation hits 40-year high in May 

Inflation reached a 40-year high in May 2022 as the Consumer Price Index hit 9.1%, up from the 9% reported…

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Inflation increases strain between supermarkets and suppliers

The increase in inflation and cost price has weakened the relationships between the UK’s supermarkets and their suppliers, according to…

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Inflation hits 40-year high

UK inflation has hit its highest level in 40 years during the month of April, driven by the rising cost…

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Tesco sees profits treble but warns of soaring inflation costs

Tesco has revealed its pre-tax profits more than doubled to more than £2bn, up from £636m last year, for the…

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UK inflation hits 7% amid rising fuel costs

The annual rate of inflation has hit a new 30-year record with a rise of 7% in the 12 months…

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