Relief is in sight for British shoppers as grocery price inflation finally falls to single digits for the first time in over a year. According to data from Kantar, grocery price inflation slowed to 9.7% in the four weeks leading up to 29 October, marking a significant milestone in the ongoing cost of living crisis.…

Concerns over an impending recession in the UK have intensified as consumer spending patterns indicate a cautious approach to purchases. With rising fuel bills and Christmas expenses looming, households tighten their belts, putting pressure on the retail industry. The British Retail Consortium (BRC) and Barclays jointly released retail sales data for October, revealing a decline…

In a welcome development for UK consumers, George Weston, CEO of Associated British Foods (ABF), owner of brands like Kingsmill bread, Twinings tea, and Silver Spoon sugar, has predicted that food inflation could be all but gone by Easter 2024, assuming no further global disruptions. Weston’s optimistic outlook stems from recent declines in the prices…