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food inflation

  • Consumer confidence collapses as Iran war provokes inflation fears

    March 26, 2026

    Brits’ confidence in the state of the economy has plummeted since the outbreak of war in Iran, as shoppers tighten their purse strings amid fears of sharp price rises. Consumer sentiment over the UK’s economy has fallen to its lowest level on record, down from -30 per cent to -53 per cent, according to trade [...]

  • Food industry warns of inflation ‘calm before the storm’

    March 25, 2026

    Food and retail bosses have warned the fall in food inflation is the “calm before the storm,” as business brace for the Iran war to push up energy costs. Trade body Food and Drink Federation (FDF) said Wednesday’s drop in food inflation – from 3.6 to 3.3 per cent year on year – could be [...]

  • Fish and chip shops under threat as Iran war spikes energy prices

    March 6, 2026

    Britain’s beloved fish and chip shops could go under as they brace for the boom in energy and import costs caused by the Iran war, an industry leader has warned.  Andrew Crook, president of the National Federation of Fish Friers (NFFF), told Morning Wire chippie owners across the country are expecting the conflict to add [...]

  • Shop price inflation eases in relief for cash-strapped Brits

    March 3, 2026

    Shop price inflation slowed in February, as retailers introduced a raft of promotions to ease the cash burden on struggling shoppers.  The price of goods in UK shops grew at a rate of 1.1 per cent in February year on year, down from the 1.5 per cent rate of inflation seen in January, according to [...]

  • Inflation eases to three per cent boosting interest rate cut hopes

    February 18, 2026

    Inflation fell to its lowest level in nearly a year last month, new figures show, giving a further boost to hopes that the Bank of England will cut interest rates in March.  The headline rate dipped to 3.0 per cent in January, according to the Office for National Statistics (ONS), down from 3.4 per cent [...]

  • FTSE 100 Live: Inflation falls to near year-low; BAE leads stock rally

    February 18, 2026

    Good morning and welcome back to the Morning Wire liveblog. Inflation has fallen to a near year-low this morning hitting its slowest pace since March and fuelling hopes that the Bank of England will take the chop to interest rates next month. New data from the Official for National Statistics showed rose the Consumer Price [...]

  • Inflation tipped to fall to year-low in boost to interest rate cuts

    February 16, 2026

    Inflation is tipped to fall back to its lowest level for nearly a year in a busy week for UK economic data, with hopes the drop will help accelerate the Bank of England’s rate-cutting cycle. Economists are expecting the Office for National Statistics to show a sharp reprieve in the Consumer Price Index – the [...]

  • FTSE 100 Live: Miners lead stock fall as gold rout deepens

    February 2, 2026

    Good morning and welcome back to the Morning Wire liveblog. There’s one big event the City is looking towards this week but all signs point to zero surprises. On Thursday, the Bank of England’s monetary policy committee will meet for the first time this year and decide whether to take the chop to interest rates. [...]

  • FTSE 100 Live: Trump to rock davos; Stocks dip after inflation

    January 21, 2026

    Good morning and welcome back to the Morning Wire liveblog. Inflation spiked above expectations this morning, coming in at 3.4 per cent, according to fresh figures from the Office for National Statistics (ONS). This soared above a poll of economists by Bloomberg expecting 3.3 per cent. “Inflation ticked up a little in December, driven partly [...]

  • UK inflation faces December bump from travel and food costs

    January 18, 2026

    UK inflation may have edged higher at the end of last year, with Christmas travel and higher duties pushing up prices, economists have warned. Several forecasters expect the Consumer Prices Index (CPI) to have ticked up in December after falling sharply in November. Economists at Pantheon Macroeconomics say they expect inflation to rise to 3.3 [...]

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