Category : Search result: UK retail inflation


Retail tax hikes fuel shop price inflation surge

British retailers are implementing significant price increases as business rate rises and other taxes force them to pass costs to consumers, creating fresh inflationary pressure across the UK high street.

Greggs & Pret Prices Soar Amid UK Food Inflation

New data reveals sharp price increases for UK lunchtime staples. Greggs sausage rolls and Pret's meal deals hit record highs as retailers grapple with persistent inflation pressures.

UK's Best & Worst High Streets Revealed

Exclusive research by the Mirror names Westminster as Britain's top shopping destination, while Blackburn faces a stark struggle. Discover the full ranking and what it means for your local high street.

Bank of England holds interest rates at 5.25%

The Bank of England's Monetary Policy Committee votes 7-2 to maintain current interest rates. Governor Andrew Bailey warns of persistent inflationary pressures despite economic slowdown.

Powell Warns: High Inflation to Delay Rate Cuts

Federal Reserve Chair Jerome Powell delivers sobering testimony, indicating prolonged high interest rates as inflation proves more persistent than anticipated, sending ripples through global markets.

UK Inflation Stuck at 3.8% in August

New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.

UK Inflation Holds Steady at 3.8% in July

UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

UK inflation holds at 3.8%, Reeves faces budget warning

UK inflation remains stubbornly high at 3.8% in September, posing significant challenges for Chancellor Rachel Reeves as she faces warnings of a £24 billion budget shortfall and tough economic decisions ahead.

Kmart's Global Takeover: The Aussie Retail Giant's Next Move

The humble Australian discount retailer Kmart is taking the world by storm. Discover how its unique 'hustle' strategy and new Asian mega-store are setting the stage for global retail supremacy, challenging giants like Target and Big W.

UK Food Inflation Could Hit 15% This Summer

Shoppers across the UK face a severe cost of living squeeze as new analysis warns grocery inflation could surge to 15% this summer, adding hundreds of pounds to annual food bills.

UK Food Inflation Soars Above Germany and Spain

Exclusive analysis reveals UK food inflation is significantly higher than in Germany, Spain, and France, placing immense strain on British households and raising questions about post-Brexit trade impacts.

M&S Profits Surge 58% in Spectacular Turnaround

Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.

US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

Poundland's Transformation Will Leave You Gobsmacked

Discover how Poundland has radically evolved from a simple discount store into a retail powerhouse offering everything from groceries to fashion and homeware, defying inflation and changing the UK shopping landscape.

UK Retail Sales Crash to Post-Pandemic Low

New data reveals a sharp decline in UK retail sales, with supermarkets hit hardest as consumers grapple with the ongoing cost-of-living crisis and cut back on essential spending.

Claire's to close UK stores in restructuring move

Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.

CEX staff slammed for 'offensive' retail worker display

Electronics retailer CEX has sparked fury after employees created a controversial window display featuring a mannequin slumped over a till, labelled 'Average Retail Worker'. The stunt has been branded 'disgusting' and 'tone-deaf' by furious customers.

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