Some Asda shoppers are setting £30 limits at checkouts and petrol pumps, the supermarket’s chairman has said. Customers are putting less in their baskets, switching
inflation
UK inflation rose to a fresh four-decade high in May after broad increases in the cost of everything from fuel and electricity to food and
The average annual grocery bill in the UK is set to rise by £380 this year, according to research firm Kantar. That means shoppers could
Consumers are buying less, switching to cheaper products and shopping more often as they try to cope with soaring inflation, supermarket giant Tesco has reported.
Inflation is hitting food buying habits as people trade down to own-label alternatives and do smaller shops more often, according to Kantar. The research company
The owners of restaurant chains Wagamama and Upper Crust have warned inflation would worsen this year as the war in Ukraine exacerbates a rise in
Sales of alcohol and tobacco were the main driver behind a surprise rise in overall UK retail sales in April. Despite the rising cost of
Fast food chain Greggs has warned of increasing costs but said nothing further about whether it might push up prices for customers. In an update
The UK economy shrank in March as households began to feel the impact of rising prices and cut down on spending. The economy contracted by
UK retail sales dropped in March by much more than expected as the surge in inflation hurt consumer demand, according to new data. Retail sales