“Year ahead will remain challenging,” warns boss of Sainsbury’s
Sainsbury’s annual results showed positives for the retailer, though its CEO warned that the year ahead will come with challenges.
Cost of food at a 45-year high although overall inflation has fallen
The average price for food in the UK has seen its most dramatic increase in more than 45 years but overall inflation has fallen slightly to 10.1% in the year to March.
Hilton Food Group announces directorate change, as preliminary results show growth
Hilton Food Group plc has announced the appointment of Steve Murrells CBE as Group Chief Executive Officer.
Food inflation at its highest in 45 years
The ONS has calculated, using the CPI measure, that inflation has now jumped to 10.4% in the 12 months to the end of February.
Quarter of British shoppers struggling as inflation reaches 17%
Grocery price inflation rose again to reach 17.1% in the four weeks to 19th February 2023, the highest level ever recorded by Kantar.
